Food inflation at 10.3%

Stats NZ reports:

  • grocery food prices increased by 11 percent
  • restaurant meals and ready-to-eat food increased by 8.3 percent
  • fruit and vegetable prices increased by 16 percent
  • meat, poultry, and fish prices increased by 9.2 percent
  • non-alcoholic beverage prices increased by 7.1 percent.

Food prices overall are 16.8% higher than two years ago.