NZ food prices ease 0.1% on month in October on cheaper produce, groceries

Sun, 19 Nov 2017

By Rebecca Howard Nov. 20 (BusinessDesk) - New Zealand food prices eased in October as fruit and vegetables came into season and some dairy products were in for heavy discounting at grocery stores. The food price index fell 0.1 percent on a seasonally adjusted basis versus the prior month, Statistics New Zealand said. Fruit and vegetables cost 1.3 percent less than they did in September on a seasonally adjusted basis, while grocery food prices eased 0.8 percent. A kilogram of tomatoes, for example, was $7.68 in October compared with $10....

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