by Mon, 13 Sep 2010 00:54:00 +0200
New Zealand: Food prices fall 0.1% in August 2010
FXstreet.com (Córdoba) - Food prices fell 0.1% in the August 2010 month, Statistics New Zealand said today. This follows increases of 1.6% and 1.3% for July and June, respectively.
Food prices fell 0.2% for the year to August. This is the fourth consecutive month of annual falls in food prices.
"Lower prices in August for fruit and vegetables were offset by higher grocery food, poultry, and non-alcoholic beverage prices," Statistics New Zealand’s prices manager Chris Pike said.
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