NZ food prices slip in December as fruit, veges come into season; still up on the year

Sun, 14 Jan 2018

By Rebecca Howard Jan. 15 (BusinessDesk) - New Zealand food prices eased on the month in December as fresh produce came into season but were still higher on the year as dairy, fruit and vegetable prices continued to pressure people's wallets. The food price index fell 0.2 percent on a seasonally adjusted basis versus the prior month, Statistics New Zealand said. Fruit and vegetables cost 1.6 percent less than they did in November, with fruit prices down 1.9 percent and vegetables down 1.3 percent. Grocery foods fell 0.8 percent, with the...

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