Food Prices

There are ‘no obstacles’ to another Official Cash Rate cut, economists say, and they expect inflation to fall as Statistics New Zealand’s latest Selected Price Indexes shows annual food prices up 4.7% in October

There are ‘no obstacles’ to another Official Cash Rate cut, economists say, and they expect inflation to fall as Statistics New Zealand’s latest Selected Price Indexes shows annual food prices up 4.7% in October

Statistics NZ's Selected Price Indexes show that food prices dropped 0.4% in September, lowering the annual increase to 4.1% - down from 5.0% the previous month; rents had their lowest annual increase since 2011

Statistics NZ's Selected Price Indexes show that food prices dropped 0.4% in September, lowering the annual increase to 4.1% - down from 5.0% the previous month; rents had their lowest annual increase since 2011

Inflation could potentially peak below 3% in September quarter, ASB economist says, as Statistic NZ's Selected Price Indexes 'a touch weaker than expected'

Inflation could potentially peak below 3% in September quarter, ASB economist says, as Statistic NZ's Selected Price Indexes 'a touch weaker than expected'

Inflation could rise above 3%, Westpac economist says, after Statistics NZ's Selected Price Indexes show 5% annual food price increase due to higher grocery prices

Inflation could rise above 3%, Westpac economist says, after Statistics NZ's Selected Price Indexes show 5% annual food price increase due to higher grocery prices

Statistics NZ's Selected Price Indexes show that food prices rose 1.2% in June and the annual increase was the highest since December 2023; rent prices, however, had their lowest annual increase since 2011; CPI to be announced on Monday

Statistics NZ's Selected Price Indexes show that food prices rose 1.2% in June and the annual increase was the highest since December 2023; rent prices, however, had their lowest annual increase since 2011; CPI to be announced on Monday

BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'

BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'

Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range

Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range

Supermarket ‘specials’ being used to distract shoppers from higher average prices, the Commerce Commission says

Supermarket ‘specials’ being used to distract shoppers from higher average prices, the Commerce Commission says

Statistics NZ's Selected Price Indexes show as well as a surge in food prices in April, airfares shot up during the school holiday-Easter period

Statistics NZ's Selected Price Indexes show as well as a surge in food prices in April, airfares shot up during the school holiday-Easter period

This may be as good as it gets: NZ and Australia face a complicated puzzle when it comes to supermarket prices, Richard Meade says

This may be as good as it gets: NZ and Australia face a complicated puzzle when it comes to supermarket prices, Richard Meade says

Grocery and beverage costs push March food prices up 0.5%, with annual increase hitting 3.5% ahead of key inflation data out later this week

Grocery and beverage costs push March food prices up 0.5%, with annual increase hitting 3.5% ahead of key inflation data out later this week

Government mulls radical supermarket reform, but an expert warns excess profits are just a small piece of the high grocery price puzzle

Government mulls radical supermarket reform, but an expert warns excess profits are just a small piece of the high grocery price puzzle

Labour's Arena Williams argues any response to grocery sector competition should ultimately be judged on prices

Labour's Arena Williams argues any response to grocery sector competition should ultimately be judged on prices

Jack Buffington explains why America’s 'efficiently broken' supply chain is a key reason for soaring egg prices

Jack Buffington explains why America’s 'efficiently broken' supply chain is a key reason for soaring egg prices

Food prices fall 0.5% in February and reverse January's sharp rise while annual grocery costs continue to climb

Food prices fall 0.5% in February and reverse January's sharp rise while annual grocery costs continue to climb