NZ food prices rise 0.2 percent in July as kumara spikes

Sun, 12 Aug 2012

By Hannah Lynch Aug. 13 (BusinessDesk) - New Zealand food prices rose last month, led by a spike in the price of kumara, while prices fell for the year, led by cheaper vegetables, dairy and lamb products. The food price index rose 0.2 percent, in its third monthly increase this year, Statistics New Zealand said. Prices fell 1.8 percent compared to the same period a year earlier. July's rise was led by a 4.4 percent hike in fruit and vegetables. That was led by an 84 percent increase in kumara prices to their highest level since February 20...

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