Global Economic News

New Zealand Food Prices Dip 0.5% In November

Food prices in New Zealand were down 0.5 percent on month in November, Statistics New Zealand said on Thursday - following the flat reading in October.

Individually, fruit and vegetable prices fell 3.0 percent on month, while meat, poultry, and fish prices eased 0.3 percent - as did grocery food prices.

On a yearly basis, food prices added 0.6 percent following the 0.9 percent increase in the previous month.

Fruit and vegetable prices added 0.7 percent on year, while meat, poultry, and fish prices climbed 3.0 percent and grocery food prices shed 0.8 percent.

by RTTNews Staff Writer

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