12.1% food inflation
Another 30+ year high for food inflation. The longer it goes on, the bigger the cumulative impact on Kiwi households.
This is how much food prices have increased since 2017:
- All food 27%
- Fruit 36%
- Vegetables 51%
- Cheese 50%
- Eggs 100%
Who has had their income go up 27% to cover a 27% increase in food costs?