Home Economy New Zealand Food Prices Spike 5.9% On Year In January

New Zealand Food Prices Spike 5.9% On Year In January

by RTTNews Staff Writer

Food prices in New Zealand were up 5.9 percent on year in January, Statistics New Zealand said on Monday – accelerating from 4.5 percent in December.

Individually, fruit and vegetable prices increased by 15 percent; meat, poultry, and fish prices increased by 5.7 percent; grocery food prices increased by 4.3 percent; non-alcoholic beverage prices increased by 1.4 percent; and restaurant meals and ready-to-eat food prices increased by 5.1 percent.

On a seasonally adjusted monthly basis, food prices were up 1.1 percent.

Individually, fruit and vegetable prices rose 6.0 percent; meat, poultry, and fish prices rose 3.6 percent; grocery food prices rose 0.7 percent; non-alcoholic beverage prices rose 2.3 percent; and restaurant meals and ready-to-eat food prices rose 0.3 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.



Source links

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy