NZ food prices fall 1 percent in October as tomatoes lead slide in fruit and vegetables

Tue, 12 Nov 2013

Nov. 13 (BusinessDesk) – New Zealand food prices fell in October from September as the price of tomatoes tumbled, leading a seasonal decline in fruit and vegetables. Food prices declined 1 percent in October from the previous month to be up 0.8 percent from a year earlier, according to Statistics New Zealand. Tomatoes fell to an average $7.11 a kilogram last month from $11.39/kg in September, contributing to an 8.8 percent decline in fruit and vegetables, the government statistician said. Grocery prices declined 0.3 percent, reflecting disc...

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