Visitors and migrants continue to pile into New Zealand.

Data for March: Net migration +5330 permanent immigration (9 month low ... but annual net gain of migrants has reached a new high for the 20th month in a row)

  • prior +6070

Visitor arrivals were up 52,600 (18 percent) from March 2015

A new March record (early Easter this year helping)

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Migration numbers are not a big impact on FX on the session, but are nevertheless watched as they have helped drive housing prices.