New Zealand’s Annual Food Price Increase Remains At 13-Year High

New Zealand’s Annual Food Price Increase Remains At 13-Year High

WELLINGTON, Oct 13 (NNN-XINHUA) – Food prices were 8.3 percent higher in Sept, 2022, compared with Sept, 2021, New Zealand’s statistics department Stats NZ said today.

The annual increase was also 8.3 percent in Aug, 2022, the highest since Jul, 2009, Stats NZ said.

In Sept, 2022, the annual increase was due to rises across all the broad food categories measured, with grocery food being the largest contributor to this movement, it said.

“Increasing prices for yogurt, two-minute noodles, and tomato-based pasta sauce, were the largest drivers within grocery food,” said consumer prices manager, Katrina Dewbery.– NNN-XINHUA  

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