New Zealand experienced a significant shift in migration patterns in April. The country saw a net migration increase of 7,380, with visitor arrivals reaching 7,380, up from the previous 4,910. However, immigration slowed to an 11-month low as a record number of citizens, over 10,000, left the country in April, according to Stats_NZ. Departures of non-New Zealand citizens were also near record highs at 6,700. The exodus is attributed to cost of living pressures.
Record number of people leave New Zealand amid cost of living pressures https://t.co/dNUp8FJnpw
New Zealand’s immigration slowed to an 11-month low in April as record numbers of citizens departed https://t.co/NsPPvRQ0FI
New migration data from @Stats_NZ shows over 10k Kiwis left New Zealand in April - easily the highest monthly total on record. Departures of non-NZ citizens was also near record highs at 6.7k. https://t.co/8E2ntaKZqr
NEW ZEALAND VISITOR ARRIVALS MOM ACTUAL 7,380 (FORECAST -, PREVIOUS 4,910) $MACRO
NEW ZEALAND SEES A NET MIGRATION INCREASE OF 7,380 IN APRIL