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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%.
across last 12 releases
Mar 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| 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).
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Wednesday, May 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 22:45 | Exports | 7.94 | 7.8 | 7.80 | Low | ||
| 22:45 | Balance of Trade | 0.698 | 0.98 | 0.77 | Medium | ||
| 22:45 | Imports | 7.25 | 7 | 7.00 | Low | ||
| 22:45 | Balance of Trade MoM | 698 | 980 | 980.00 | Low | ||
| Thursday, May 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 22:45 | Retail Sales YoY | 4.4 | 2.8 | 2.80 | Low | ||
| 22:45 | Retail Sales QoQ | 1.5 | 0.9 | 0.90 | Medium | ||