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ONLY CHARTS #388
Only Charts

ONLY CHARTS #388

NZ net immigration, NZ manufacturing PMI, NZ job ads, NZ inflation, UK ULCs & productivity, US PPI, Aus consumer spending

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Antipodean Macro
Aug 15, 2025
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ONLY CHARTS #388
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1. Preliminary estimates of New Zealand’s net immigration rose modestly in June and revisions were - unusually - quite small.

2. New Zealand’s current rate of net immigration is equivalent to just 0.3-0.4% of the population.

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