⁍ New Zealand food prices fell 1.0 percent in September.
⁍ The index rose 3.1 percent from the same month last year.
⁍ Food prices make up nearly 19 percent of the consumer price index.
– New Zealand’s consumer price index rose 3.1% year-on-year in the 12 months ending in September, its fastest pace since the index was started in 1996, Reuters reports. Food prices, which make up nearly 19% of the index, fell 1.1% in the month. That’s in line with expectations.
Source: https://www.reuters.com/article/newzealand-economy-food-int/new-zealand-food-prices-fall-in-september-idUSKBN26X2NY