New Zealand records strongest population growth in 3 years as border reopens

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New Zealand records strongest population growth in 3 years as border reopens
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The estimated population increased by 21,600 or 0.4% in the three months through December. Read more at straitstimes.com.

WELLINGTON - New Zealand recorded its best quarterly population growth in almost three years as the removal of pandemic-era border restrictions brought a net inflow of migrants.

The estimated population increased by 21,600 or 0.4 per cent in the three months through December, Statistics New Zealand said on Monday in Wellington.The quarterly inflow is approaching the average pace of growth in the five years prior to the Covid-19 pandemic.The nation closed its border to most foreigners from March 2020 and onlyA lack of migrant workers fanned wage inflation and forced the central bank to respond with aggressive interest-rate increases.

New Zealand added 16,300 migrants in the quarter – also the most since early 2020 – while the population’s natural increase was 5,300. The population climbed by 35,200 or 0.7 per cent in 2022 compared with just a 12,700 gain in 2021. BLOOMBERG

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