NZ food prices rise 0.3% in April as Kiwis pay more for fruit and veges, less for beef and chicken

Wed, 11 May 2016

By Jonathan Underhill May 12 (BusinessDesk) - New Zealand food prices rose in April from March as Kiwis paid more for vegetables such as tomatoes and cucumbers while enjoying cheaper prices for beef and chicken. Food prices gained 0.3 percent last month, or 0.2 percent seasonally adjusted, for an annual gain of 0.5 percent, Statistics New Zealand said. The food price index recorded its first annual gain in seven months, the figures show. Food prices make up almost 19 percent of the consumers price index, which has remained stubbornly b...

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