New Zealand building consents for July +26.2% vs -17.0% last month (revised from -13.8%)

• Prio rmonth -17.0% revised from -13.8%)
• Building consents for July 26.2%

The bounce back gain is the largets since May 2020. Last months decline was the largest since February 2021.

Looking at the history, the ups-and-downs are pretty evident.

This article was written by Greg Michalowski at www.forexlive.com.