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