Volume of NZ building activity falls in March while value steady on quarter

Tue, 05 Jun 2018

By Rebecca Howard June 6 (BusinessDesk) - The value of New Zealand building work was steady in the March quarter while the volume of total building activity dipped, weighed by a slide in non-residential building activity. The seasonally adjusted value of total building work was unchanged on quarter in the three months ended March 31 after lifting a revised 2 percent in the December quarter, Statistics New Zealand figures show. Non-residential work fell 0.5 percent in the quarter after lifting 4.8 percent in the prior quarter while res...

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