NZ food prices follow seasonal patterns in November increase

Mon, 19 Dec 2016

By Rebecca Howard Dec. 20 (BusinessDesk) - New Zealand food prices rose slightly in November after adjusting for typical seasonal patterns. Food prices rose 0.3 percent on the month on a seasonally adjusted basis, after a flat result in October and a 0.2 percent fall in September, Statistics New Zealand. On an unadjusted basis, food prices inched down 0.1 percent on the month after seasonally lower prices for vegetables were mostly offset by higher prices for dairy, meat, and fruit. Cheaper vegetables and more expensive fruit pushed pr...

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