New Zealand food prices were 12.1 percent higher in March 2023 than they were in March 2022, with fruit and vegetable prices increasing by 22 percent, according to the statistics department Stats NZ on Monday.
Grocery food was the largest contributor to this movement.
“Increasing prices for barn or cage-raised eggs, potato chips, and 6-pack yoghurt were the largest drivers within grocery food,” Stats NZ consumer prices manager James Mitchell said.
In March 2023, the annual increase was due to rises across all the broad food categories Stats NZ measures.—APP
