New Zealand: Building work put in place in Q3 – Westpac NewZealand Housing EconomicIndicator Banks
Analysts at Westpac provide their first impressions of New Zealand’s construction sector activity report for the third quarter.“Construction activity has continued to charge higher, with the amount of building work put in place rising by 3.8% in the September quarter.”
“The result was above our forecast for a 1.1% rise, and was also stronger than the average analyst forecast for only 0.8% growth.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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