Economic Buzz: New Zealand Food Prices Rise 6.6% In June

13 Jul 2022 , 12:18 PM

Food prices in New Zealand were up 6.6 percent on year in June, Statistics New Zealand reported – slowing from 6.8 percent in May. On a seasonally adjusted monthly basis, food prices rose 0.8 percent. Individually, fruit and vegetable prices rose a seasonally adjusted 0.7 percent on month, while meat, poultry, and fish prices rose 0.9 percent, grocery food prices rose 0.5 percent, non-alcoholic beverage prices rose 1.4 percent and restaurant meals and ready-to-eat food prices rose 0.7 percent.Powered by Commodity Insights