12.12.2017 23:05:17

New Zealand Food Prices Sink 0.1% In November

(RTTNews) - Food prices in New Zealand were down a seasonally adjusted 0.1 percent on month in November, Statistics New Zealand said on Wednesday.

That beat expectations for a fall of 0.2 percent and was unchanged from the October reading.

Unadjusted, food prices fell 0.4 percent last month.

On a yearly basis, food prices jumped 2.3 percent - slowing from 2.7 percent in the previous month.