NZ food prices fall in February on cheaper fruit and veg, meat

Tue, 12 Mar 2013

March 13 (BusinessDesk) - New Zealand food prices fell last month led by cheaper, meat and in-season fruit and vegetables, though milk prices rose to a nine-month high. The food price index fell 0.3 percent in February, following a 1.9 percent a month earlier, in its sixth decline in seven months, according to Statistics New Zealand. Annual food prices decreased 0.1 percent. Fruit and vegetable prices fell 1.6 percent in February, with cheaper apples and grapes, while meat, fish and poultry declined 1.4 percent, led by discounted porterhou...

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