Data catch up - NZ migration, Japan wages
Firstly, Stats NZ:
New Zealand's unadjusted annual net gain (more arrivals than departures) of migrants was a record 70,300 in the October 2016 year
- surpasses the previous annual record of 70,000 in the September 2016 year.
- driven by the increase in migrant arrivals
- Visitor arrivals numbered 260,200 in October 2016
- A new October record
- The latest month's figure was up 14 percent from October 2015
- In the October 2016 year visitor arrivals hit a record 3.42 million, up 12 percent from October 2015
From Japan, revised wages date, this from the Ministry of Health, Labour and Welfare
- September wages revised down to unchanged y/y (from preliminary +0.2%)
- Real wages also revised, +0.8% (+0.9% prelim)
- Base wages +0.2% (from +0.4%)
- Overtime revised to -1.2% (preliminary was -1.3%)
- Bonuses & other special pay, -3.5% (-2.9%)
Still no strong gains for wages on the basis of thee figures.