NZ food prices decline in September on slide in fruit, vege and meat prices

Wed, 12 Oct 2016

By Tina Morrison Oct. 13 (BusinessDesk) - New Zealand food prices declined in September, impacted by cheaper bananas, lamb and chicken. Food prices fell a seasonally adjusted 0.2 percent in September following a 1.3 percent jump in August, Statistics New Zealand said. On an unadjusted basis, food prices slid 0.9 percent in the month. Fruit and vegetable prices fell 5.1 percent in September after jumping 5.8 percent in August. Vegetable prices dropped 5.5 percent with seasonally lower prices for tomatoes, capsicum and cucumber. Fruit pr...

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