New Zealand Food Prices Sink 1.1% In October

Food prices in New Zealand slipped an unadjusted 1.1 percent on month in October, Statistics New Zealand said on Monday.

That follows the 0.2 percent fall in September.

On a yearly basis, food prices jumped 2.7 percent, slowing from the 3.0 percent gain in the previous month.

Seasonally adjusted, food prices were down 0.1 percent on month.

by RTT Staff Writer

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