NZ food prices rise 1.4% in June, biggest monthly gain in 12

Wed, 11 Jul 2012

July 12 (BusinessDesk) - New Zealand food prices had their biggest gain in 12 months in June, reflecting higher seasonal prices for tomatoes and other fresh produce and the biggest recorded jump for chocolate. The food price index rose 1.4 percent last month, the same increase recorded for June 2011, according to Statistics New Zealand. Prices are down 0.2 percent from the same month last year. Fruit and vegetables prices rose 9 percent, leading the increase last month, with tomatoes soaring 42 percent, avocados up 37 percent, nectarines gai...

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