New Zealand Food Prices Rise 0.5% On Year In March

Food prices in New Zealand were up 0.5 percent on year in March, Statistics New Zealand said on Thursday - slowing from the 1.5 percent gain in February.

Individually, fruit and vegetable prices increased 2.3 percent on year; meat, poultry, and fish prices decreased 3.0 percent; grocery food prices decreased 1.1 percent; non-alcoholic beverage prices were flat; and restaurant meals and ready-to-eat food prices increased 3.6 percent.

On a monthly basis, food prices were flat unadjusted and down 0.4 percent seasonally adjusted.

Individually, fruit and vegetable prices rose 0.3 percent on month (down 2.7 percent after seasonal adjustment); meat, poultry, and fish prices fell 0.6 percent; grocery food prices fell 0.4 percent (down 0.4 percent after seasonal adjustment); non-alcoholic beverage prices rose 0.6 percent; and restaurant meals and ready-to-eat food prices rose 0.3 percent.

For comments and feedback contact: editorial@rttnews.com

[Economic News][1]

What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.

  1. www.rttnews.com/Content/EconomicNews.aspx
  2. www.rttnews.com/economic-scorecard/world-rank/industrial-production/highest-performance.aspx
  3. www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
  4. www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
  5. www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx