Asian Economic News

New Zealand Food Prices Rise 0.3% In May

Food prices in New Zealand were up a seasonally adjusted 0.3 percent on month in May, Statistics New Zealand said on Friday

That was in line with expectations following the 0.2 percent increase in April and the 1.3 percent decline in March.

On a yearly basis, food prices dipped 0.1 percent - also in line with forecasts and unchanged from the previous month's reading.

by RTTNews Staff Writer

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