NZ seasonally adjusted food prices fall 0.4% in March, apples weigh

Wed, 12 Apr 2017

By Rebecca Howard April 13 (BusinessDesk) - New Zealand food prices fell in March as fruit and vegetable prices were weighed down by a sharp fall in the prices of apples and carrots. The food price index declined a seasonally adjusted 0.4 percent last month, and was 1.3 percent higher than in March 2016, Statistics New Zealand said. On an unadjusted basis, food prices fell 0.3 percent on the month. Fruit and vegetable prices fell a seasonally adjusted 2 percent while grocery food prices, which account for more than a third of the ind...

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