Asian Economic News

New Zealand Food Prices Rise 0.2% In April

Food prices in New Zealand were up a seasonally adjusted 0.2 percent on month in April, Statistics New Zealand said on Monday - following the 1.3 percent contraction in March.

Meat, poultry, and fish prices remained unchanged overall, the bureau said.

There was more discounting for sausages (down 8.8 percent) and pork roast (down 15 percent), partly offset by less discounting on porterhouse/sirloin beef steak (up 6.2 percent).

On a yearly basis, food prices were down 0.1 percent after easing a revised 0.3 percent in the previous month (originally called 0.4 percent).

by RTTNews Staff Writer

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