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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Building Permits MoM fell to -1.3% in March 2026
FMPMonthlyReleased April 2026
New Zealand Building Permits MoM fell to -1.3% in March 2026, released April 2026, down 4.1% from February's 2.8% reading. The reading missed the -0.4% consensus by 0.9%. The print is running well below the 12-month average of 1.5%.
Latest Release
-1.3
Actual
-0.4
Consensus
2.8
Previous
Median Absolute Error
±4.4 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 4.5
Actual: 2.7
Error: +1.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Bullish NZD | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Bullish NZD | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Bearish AUD | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Bullish NZD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The April 2026 reading fell from the previous value of 2.8. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±4.4. Historically, this indicator is positively correlated with NZD/USD (Bullish NZD) and positively correlated with NZD/JPY (Bullish NZD).
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Building Permits MoM - NZ
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