Some markets are feeling economic pain more than others.

Infometrics latest economic monitor suggests a primary sector slowdown as annual average growth has slowed to 1.7 percent.

BNZ Chief Economist Mike Jones told Kate Hawkesby internal migration numbers are showing various trends.

He notes that when people move around the country, employment and construction often follow.

Jones thinks cheaper house prices are attracting more people to the South Island.



LISTEN ABOVE

Some markets are feeling economic pain more than others.
Infometrics latest economic monitor suggests a primary sector slowdown as annual average growth has slowed to 1.7 percent.
BNZ Chief Economist Mike Jones told Kate Hawkesby internal migration numbers are showing various trends.
He notes that when people move around the country, employment and construction often follow. Jones thinks cheaper house prices are attracting more people to the South Island.
 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.