NZ food prices rise in June led by seasonal gains in vegetables; annual prices drop

Tue, 12 Jul 2016

By Tina Morrison July 13 (BusinessDesk) - New Zealand food prices rose in June, led by seasonal gains for vegetables. Food prices increased 0.4 percent in June from May, Statistics New Zealand said. Prices were 0.5 percent lower than June last year, the agency said. Vegetable prices led the gains in June, advancing 8.4 percent from May due to seasonally higher prices as cucumber jumped 72 percent, capsicum rose 44 percent, lettuce increased 16 percent, and tomatoes were up 13 percent. After adjusting for seasonal variations, food price...

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