Satish Ranchhod, senior economist at Westpac, points out that the New Zealand’s net migration surprised massively to the upside in December, while in annual terms, net migration is down 25% from its earlier peaks, and has remained steady at just under 50,000 for six months now. Key Quotes “Net migration surprised massively to the upside in December, with a net inflow of 5,080 people over the month. That was up from 3,300 last month, with estimates back to July also revised upwards. We had expected a figure of around 2,800.” “Today’s data and the recent revisions leave the annual inflow of people into the country running at 48,900. Previously it looked like migration had slowed to around 43,000.” “Given this measurement related uncertainty, we’d recommend focusing on the annual totals, rather than the monthly figures. Annual migration has clearly slowed. The annual net inflow of people into the country peaked back in 2016 at 64,000. It has now fallen by close to 25% to 48,900, and it has remained around those levels for six months now.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US fund investors move out Chinese stocks – Lipper FX Street 3 years Satish Ranchhod, senior economist at Westpac, points out that the New Zealand's net migration surprised massively to the upside in December, while in annual terms, net migration is down 25% from its earlier peaks, and has remained steady at just under 50,000 for six months now. Key Quotes "Net migration surprised massively to the upside in December, with a net inflow of 5,080 people over the month. That was up from 3,300 last month, with estimates back to July also revised upwards. We had expected a figure of around 2,800." "Today's data and the recent revisions leave the annual… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
