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2014.10.3018:15:00UTC+00New Zealand Building Approvals Plummet In September

The total number of building consents issued in New Zealand plunged a seasonally adjusted 12.2 percent on month in September, Statistics New Zealand said on Friday - standing at 1,985.

That was well shy of forecasts for an increase of 1.0 percent following the flat reading in August.

Individually, permits were issued for 1,723 non-apartment dwellings and 262 apartments - including 121 retirement village units.



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