New Zealand data – November building permits +7% m/m (prior -10.7%) | Forexlive
For the y/y building consents come in at +3.2%
Stats NZ on the big bounce from October:
- “Home consents remain at high levels mainly due to the continued rise in the number of multi-unit homes being consented,”
NZD/USD is barely changed. Traders awaiting the US CPI inflation data due Thursday for ‘risk’ sentiment guidance.