June 2024 Newsletter

  Newsletter - June 2024

                Featured article

            Chief Forecaster, Gareth Kiernan, takes a closer look at migration numbers of both arrivals and departures, which have both reached record highs. Clients have access to our June webinar which explores the same topic (available on our website - link below).

                            The big ins and outs of current migration

                    Although a lot of the discussion around migration over the last year has focused on the record high inflows into New Zealand, the outflow of people from New Zealand has now also lifted to a record high, 11% above the previous maximum in 2011/12.
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                Articles

                                Early insights from 2023 Census, and caution on population comparisons

                        Last week Stats NZ released the first tranche of data from the 2023 Census, an exciting milestone for anyone with a thirst for regional or socioeconomic data. With the prior Census held in 2018, this represents the first Census data since the start of the COVID-19 pandemic. In this article, we dive into the first tranche of data, explain why the good stuff is yet to come, and raise a note of caution for population comparisons with the first tranche of data.
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                                A day in the life of an economist - Stefan Rood

                        Stefan Rood recently joined the Infometrics Team as a Senior Analyst. Stefan is well known to us as he previously worked for MSD, one of our clients. This, coupled with Stefan's data analysis skills, gives him a unique perspective and insider advantage when in comes to improving our client's experience, and developing new economic products.
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                                Chart of the Month: On-farm costs level out

                        At the peak in mid-2022, on-farm costs rose 15%pa, more than double the peak consumer inflation rate. But inflation has now clearly turned a corner and is moderating, a trend also seen in on-farm costs, with the annual gain to March 2024 just 1.2%pa – the slowest rise since the start of 2021.
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                        New releases and updates

    Webinar recordings on our website

Infometrics monthly webinar recordings are available on our website. If you are a client, you have access to this month's recording. After one month, recordings are made available to the public.
May 2024: Where next for the housing market? (public)
June 2024 - Migration: more in, more out.

    Browse webinars

    Econ Talks

Chief Executive and Principal Economist Brad Olsen and Chief Forecaster Gareth Kiernan discuss:
GDP up 0.2% at start of 2024 (24 June 2024)
Trade improves, with green shoots for exports? (14 June 2024)
Budget delivers tax cuts and smaller allowances (31 May 2024)

    Browse econ talks

                Subscriber updates

                    Coming soon: a new Census module will be added to the Regional Economic Profile

                We are pleased to announce that a new Census module will soon be added to the Regional Economic Profile (REP). The new Census module will replace the Community Profile.
Once added, all REP clients will be able to access the REP Census module. Furthermore, clients who subscribe to the Quarterly Economic Monitor or Population Projections (but not the REP) will also get access to the Census module.

                    Contact Andrew Whiteford for more information

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