NZ net migration slows in February on more Kiwis and non-citizens leaving

Tue, 20 Mar 2018

By Sophie Boot March 21 (BusinessDesk) - New Zealand annual net migration continued to moderate in February, though it's still at historic highs, as more New Zealanders and non-New Zealanders left. Annual net migration was at 68,900 in the year to February, from 71,300 in the year to Feb. 2017, Statistics New Zealand said. In January, monthly net migration on a seasonally adjusted basis rose to 6,210, which was a seven-month high, causing market watchers to question whether the trend of declining net migration had reversed or whether the...

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