New Zealand Building Permits MoM (Jan) M/M 1.9% (Prev. -4.5%, Rev. From -4.6%)

New Zealand Building Permits MoM (Jan) M/M 1.9% (Prev. -4.5%, Rev. From -4.6%)

The New Zealand building permits report shows a rebound in January with a monthly increase of 1.9%, recovering from the previous decline of 4.5%. This positive shift may indicate a stabilizing construction sector, which could have implications for economic growth and interest rate discussions moving forward.