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Stats NZ updates - October
A number of different data reports have been released over the past month. Some of those that are relevant to the wider Bay of Plenty region include:
- Gross domestic product (GDP) rose by 2.8 per cent in the June 2021 quarter, following a 1.4 per cent increase in the March 2021 quarter. June 2021 quarter GDP was 4.3 per cent higher when compared with the December 2019 quarter, the quarter immediately before New Zealand’s first COVID-19 cases and the introduction of associated restrictions. See the data here.
- A record 4490 new homes were consented in August 2021. The previous record was 4310 new homes consented in June 2021. Read more here.
- The seasonally adjusted current account deficit narrowed to $3 billion in the June 2021 quarter. The current account deficit was $2.2b narrower than the previous quarter due to an increase in value of goods exports (up $1.4b) and services exports (up $1.7b). See the full data here.
Thursday, October 14, 2021