Biggest drop in food prices in New Zealand since 2012
Meat, poultry, and fish prices fell 2.7 percent.
"Prices rose for apples, avocados, and bananas in December. Fruit prices were up 5.1 percent, although this rise was only 1.5 percent after adjusting for seasonal effects," said consumer prices manager Matt Haigh.
Meat, poultry, and fish prices fell 2.7 percent. Grocery food prices fell 0.6 percent (down 0.3 percent after seasonal adjustment). Non-alcoholic beverage prices fell 3.4 percent.
Fruit and vegetable prices rose 1.5 percent (up 1.2 percent after seasonal adjustment). Restaurant meals and ready-to-eat food prices rose 0.3 percent. ■