WELLINGTON, Nov 22 (Reuters) New Zealand's monthly migration gains eased in October as the number of people departing hit its highest in almost two years, official data showed on Monday.
During the month there was a seasonally adjusted net gain of 680, from a revised gain of 1,030 in September, Statistics NZ reported.
For the year to Oct 31 there was a net gain of 12,610 permanent and long term migrants, compared with 18,560 in the previous October year.
Net migration hit a trough in October 2008 when slightly more people departed than arrived on a seasonally adjusted basis, before steadily picking up to hit a five year high on an annual basis in January this year.
Since then migration gains have faded as the number of people arriving has slowed while the number migrating to neighbouring Australia has risen because of its robust economy, higher wages and lower unemployment.
The number of short-term visitors to New Zealand in October fell 1.3 percent on the same month a year earlier, with more visitors from South Korea but fewer from Australia and Britain.
There were 2.51 million visitors for the year to October, up 3.1 percent on the previous October year.
((Wellington newsroom tel +64 4 471 4234, fax +64 4 473 6212 wellington.newsroom@thomsonreuters.com)) Keywords: NEWZEALAND ECONOMY/MIGRATION (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
During the month there was a seasonally adjusted net gain of 680, from a revised gain of 1,030 in September, Statistics NZ reported.
For the year to Oct 31 there was a net gain of 12,610 permanent and long term migrants, compared with 18,560 in the previous October year.
Net migration hit a trough in October 2008 when slightly more people departed than arrived on a seasonally adjusted basis, before steadily picking up to hit a five year high on an annual basis in January this year.
Since then migration gains have faded as the number of people arriving has slowed while the number migrating to neighbouring Australia has risen because of its robust economy, higher wages and lower unemployment.
The number of short-term visitors to New Zealand in October fell 1.3 percent on the same month a year earlier, with more visitors from South Korea but fewer from Australia and Britain.
There were 2.51 million visitors for the year to October, up 3.1 percent on the previous October year.
((Wellington newsroom tel +64 4 471 4234, fax +64 4 473 6212 wellington.newsroom@thomsonreuters.com)) Keywords: NEWZEALAND ECONOMY/MIGRATION (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.