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    29.02.2016 14:14 Building permits in New Zealand plunge 8.2% in January

    Statistics New Zealand released its building permits data on late Sunday evening. Building permits in New Zealand plunged 8.2% in January, after a 2.3% gain in December.


    Residential work rose 17% year-on-year in January, while non-residential work dropped 12%.


    "While January is usually a quiet month for building consents, Canterbury had the lowest January number in five years," business indicators senior manager Neil Kelly said.

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