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Financial News: New Zealand Food Prices Dip 0.1% In September

New Zealand Food Prices Dip 0.1% In September

10/10/2018 - 18:30:00 (RTTNews)

(RTTNews) - Food prices in New Zealand were down an unadjusted 0.1 percent on month in September, Statistics New Zealand said on Thursday - following the 0.5 percent drop in August.

Individually, fruit and vegetable prices fell 5.4 percent on month, while meat, poultry, and fish prices rose 1.7 percent, grocery food prices rose 0.9 percent, non-alcoholic beverage prices rose 0.4 percent and restaurant meals and ready-to-eat food prices rose 0.2 percent.

On a yearly basis, food prices were up 0.1 percent.

Individually, fruit and vegetable prices decreased 7.1 percent, while meat, poultry, and fish prices increased 0.9 percent, grocery food prices increased 0.2 percent, non-alcoholic beverage prices increased 1.3 percent and restaurant meals and ready-to-eat food prices increased 2.9 percent.

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