NZ food prices decline in February, led by lower fruit, vegetable, meat prices

Wed, 11 Mar 2015

By Tina Morrison March 12 (BusinessDesk) - New Zealand food prices fell in February, led by seasonal declines in fruit and vegetables and lower meat prices. The food price index slipped 0.7 percent in February after a 1.3 percent gain in January, according to Statistics New Zealand. Prices gained 1.5 percent from February 2014, again led by fruit, vegetables and meat. Prices for fruit and vegetables fell 2.4 percent in February, as declines in apples and tomatoes offset higher strawberry prices. Apple prices fell 23 percent from a peak...

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