FX.co ★ New Zealand Building Consents Growth Accelerates to 2.7% in February

New Zealand’s building consents rose 2.7% month-over-month in February 2026, marking a modest acceleration from the 2.0% increase recorded in January 2026. The fresh data, updated on 31 March 2026, points to a continued month-on-month expansion in construction activity.

The February figure, assessed on a month-over-month basis, shows that growth in building consents has strengthened compared with the previous period, when January’s 2.0% rise was measured against December 2025. The back-to-back gains suggest a steadying pipeline of construction projects, with February’s improvement indicating slightly firmer momentum heading into late Q1 2026.