Permanent migration to New Zealand plunged lower in August

  • At the margin a headwind for NZD
New Zealand migration 13 October 2025 2

New Zealand Permanent/Long-Term Migration in August: 460

  • Previous: 1,770

Quite the slow down ....

More, this direct from Stats NZ.

Provisional estimates for the August 2025 year compared with the August 2024 year were:

  • migrant arrivals: 138,600 (± 1,200), down 16 percent
  • migrant departures: 127,900 (± 1,100), up 13 percent
  • annual net migration: gain of 10,600 (± 1,500), compared with a gain of 51,600 (± 200).

Annual migrant arrivals peaked at 234,800 in the year ended October 2023.

Annual migrant departures provisionally peaked at 128,000 in the year ended July 2025.

Annual net migration peaked in the year ended October 2023, with a gain of 135,500.

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