NZ food prices rise in May, led by fruit, vegetables in lead-up to winter

Thu, 14 Jun 2012

June 14 (BusinessDesk) - New Zealand's food prices rose last month as the cost of produce increased in the lead-up to the winter months. The food price index rose 0.3 percent, its second monthly increase this year, Statistics New Zealand said. Produce reported the biggest increase, up 3.2 percent as the price of tomatoes jumped 58 percent and broccoli prices rose 17 percent. The price of non-alcoholic beverages rose 2.2 percent and restaurant meals and ready-to-eat food increased 0.7 percent. Food prices fell 0.2 percent in the year ended...

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