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New Zealand March Food Prices Dip 0.3%

Food prices in New Zealand eased 0.3 percent on month in March, Statistics New Zealand said on Friday.

That follows the 1.0 percent decline in February and the 1.2 percent gain in January.

On a yearly basis, food prices climbed 1.2 percent after adding 0.2 percent in February and 0.9 percent in January.

The 1.6 percent fall for grocery food was influenced by price falls across most of the subgroups.

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