Food prices dip in November on cheaper fruit and veggies

Food prices dip in November on cheaper fruit and veggies
Rebecca Howard
Cheaper fruit and vegetables helped bring food prices down 0.7 percent in the month of November, although prices were still 2.4 percent higher from a year earlier. Stats NZ said falling vegetable prices weighed on the November result, with fruit and vegetable prices down 3 percent on the month, led by a 51 percent drop in tomato prices and a 23 percent drop in cucumber prices. Strawberry prices, meanwhile, were down 34 percent on the month. According to Stats NZ, prices for Christmas treats, such as soft drinks, boxed chocolates and pork...

More Economy

Interim solution for a GST issue
Economy

Interim solution for a GST issue

Inland Revenue can begin processing GST returns for businesses affected by a historic legislative drafting error, Revenue Minister Simon Watts says.“At a time when things are tough, this error is preventing Inland Revenue from paying out GST refunds to more than 350 taxpayers, to...

Long-term fiscal storms on the horizon
Economy

Cameron Bagrie: Long-term fiscal storms on the horizon

The number of retirees is rising at 3% per year, far more than population growth.

NZD treading water after US jobs data gave no clear steer
Economy

NZD treading water after US jobs data gave no clear steer

The kiwi was trading at 61.79 US cents early Monday in Wellington.

Rebecca Howard 09 Sep 2024
A dangerous thought for NZ: cheer up!
Economy

Pattrick Smellie: A dangerous thought for NZ: cheer up!

New Zealand is not a poor country, just rather poorly managed of late.

Pattrick Smellie 09 Sep 2024