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Financial News: New Zealand Net Migration Drops In May

New Zealand Net Migration Drops In May

06/22/2018 - 00:28:00 (RTTNews)

(RTTNews) - New Zealand's net migration declined in May from a year earlier, figures from Statistics New Zealand showed Friday.

In the year to May 31, the country recorded a net migration of 66,243, down from 71,964 in the same period of 2017.

Migrant arrivals numbered 130,200 in May and migrant departures totaled 64,000.

"Migrant departures are the highest they have been since May 2014 and they are now almost half the number of migrant arrivals," population insights senior manager, Brooke Theyers, said.

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