Food price increase 0.9% in January

Food prices increased 4% in the year ended January 2024. (Image: Getty)

Wed, 14 Feb 2024

Food price inflation returned in January, with Stats New Zealand reporting monthly food prices increased by 0.9%.The biggest contributor to this rise was grocery food, driven by prices for boxed chocolates, two-litre milk cartons, and fresh eggs (excluding free-range eggs).Other items that contributed to the monthly rise included apples and legs of lamb.“Food prices increased both monthly and annually,” Stats NZ consumer prices manager James Mitchell said.Food prices also increased 4% in the year ended January 2024, however, that an...

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