NZ food prices fall in April, on cheaper groceries, fruit and vegetables

Tue, 12 May 2015

By Suze Metherell May 13 (BusinessDesk) - New Zealand food prices fell to a four-month low in April after discounting in supermarkets and cheaper fruit and vegetables. The food price index fell 0.3 percent in April, after a 0.1 percent gain in March, taking the measure to its lowest level since December, according to Statistics New Zealand. On an annual basis food prices were 1 percent higher in April than they were in the same month last year, rising at a slower pace than March's 1.9 percent gain, which was the biggest increase in three...

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