WELLINGTON, Dec 13 (NNN-XINHUA) – New Zealand’s food prices were 10.7 percent higher in Nov, 2022, compared with Nov, 2021, the statistics department, Stats NZ, said today.
Food prices increased 10.1 percent in Oct, 2022, compared with Oct, 2021.
In Nov, 2022, the annual increase was due to rises across all the broad food categories measured. Compared with Nov, 2021, grocery food prices increased by 10 percent; fruit and vegetable prices increased by 20 percent; and meat, poultry, and fish prices increased by 12 percent, Stats NZ said.
“Increasing prices for cheddar cheese, yogurt, and standard two-litre milk were the largest drivers within grocery food,” said consumer prices manager, James Mitchell.
The second-largest contributor to the annual movement was fruit and vegetables, with potatoes, onions, and bananas influencing this movement the most, Mitchell said.– NNN-XINHUA
