Global Economic News

New Zealand Food Prices Gain 2.4% In May

Food prices in New Zealand were up 2.4 percent on month in May, Statistics New Zealand said on Wednesday - following the 0.8 percent gain in April.

Fruit and vegetable prices rose 8.2 percent on month, while meat, poultry, and fish prices rose 2.3 percent.

Seasonally adjusted, food prices gained 1.6 percent on month.

On a yearly basis, prices were up 3.1 percent.

by RTTNews Staff Writer

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