Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

External Migration - July 2002

Wed, 21 Aug 2002

Data Flash (New Zealand)
External Migration - July 2002

The monthly net inflow of migrants was 2,960 in July, little changed from an inflow of 2,920 in June (figures are seasonally adjusted). At around 35,000 saar, the current inflow - though off its peak - remains sufficient to boost annual population growth by 0.9pps beyond than dictated by natural increase (births and deaths). While housing market activity has eased off a little over the past three months, the level of activity remains high, with strong population growth providing a counter to rising interest rates and natural cyclical factors.

Inbound tourist arrivals rose 1.6% mom to be 5.1% higher than a year earlier. While this represents solid growth, it remains a far cry from the 10-15% growth rates that had been recorded prior to the 11 September 2001 terrorist attacks. Growth is expected to pickup over coming months due to the America's Cup regatta. Meanwhile, fewer New Zealanders are taking short-term trips overseas compared to a year earlier.

Darren Gibbs, Senior Economist


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

NIWA: Scientists Say Methane Emitted By Humans ‘vastly Underestimated’

NIWA researchers have helped unlock information trapped in ancient air samples from Greenland and Antarctica that shows the amount of methane humans are emitting into the atmosphere from fossil fuels has been vastly underestimated... More>>

ALSO:

SMC Expert Reaction: Record Dry Spells And Effects On Forests

With no rain forecast before Sunday, Auckland is about to break a record for the city's longest dry spell. Niwa says Auckland is likely to hit 40 consecutive days without rain this weekend . The upper North Island is seeing severe meterological ... More>>

ALSO:

Reserve Bank: Official Cash Rate Remains At 1.0 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. ... More>>

ALSO:



Science Media Centre: Novel Coronavirus Detected In China – Expert Reaction

The virus was detected after more than 40 people were hospitalised with pneumonia in Wuhan City, China and the outbreak traced to a large animal and seafood market. The Centers for Disease Control and Prevention reports that person-to-person transmission ... More>>

ALSO:

Science Media Centre: Flooding could release toxic gas – Expert Reaction

A chemical substance known as ouvea premix stored at an old paper mill in Mataura could release toxic ammonia gas if it comes in contact with water.More>>

ALSO: