Celebrating 25 Years of Scoop
Annual Food Price Inflation Slows To 0.7 Percent
Food prices increased 0.7 percent in the 12 months to March 2024, the smallest increase since April 2021, according to figures released by Stats NZ today.
The 0.7 percent increase followed a 2.1 percent increase in the 12 months to February 2024, and is lower than the 12.1 percent increase recorded in the 12 months to March 2023.
The smaller annual increase was due to cheaper prices for fruit and vegetables, down 13.3 percent in the 12 months to March 2024.
“The annual decrease in fruit and vegetable prices was the largest recorded since the series began in 1999,” consumer prices manager James Mitchell said.
Visit our website to read this
news story and information release and to download CSV
files:
- Annual food price inflation slows to 0.7 percent
- Selected price indexes: March 2024
- CSV files for download
Advertisement - scroll to continue reading
Advertisement - scroll to continue reading
Gordon Campbell: On A Textbook Case Of Spending Waste By The Luxon Government
NZ Government: PM Speech To Parliament – Royal Commission Of Inquiry’s Report Into Abuse In Care
Cooper Legal: Lawyers For Survivors Welcome The Royal Commission’s Final Report
Dominic O'Sullivan, The Conversation: Ethnicity, Equality And Pharmac - How The Treaty Really Guides NZ’s Drug-buying Policies
NZ Government: NZ To Advance Relationships With ASEAN Partners
Te Runanga o Ngati Ruanui Trust: Repealing Section 7AA
RNZ: Pharmac Director Quits Over Government's Treaty Directive
