NZ food prices dip in December on cheaper vegetables, meat and dairy

Sun, 15 Jan 2017

By Sophie Boot Jan. 16 (BusinessDesk) - New Zealand food prices fell in December, with vegetables, meat and dairy cheaper, although fruit became more expensive in the first official month of summer. Food prices slipped 0.5 percent in the month on a seasonally adjusted basis, after rising slightly in November and being unchanged in October, Statistics New Zealand said. On an unadjusted basis, food prices dropped 0.8 percent in the month, with December the cheapest month for broccoli, cabbage and cauliflower in the past five years. Veget...

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