Wellington, Oct 11 (IANS) Food prices in New Zealand increased 1.2 per cent in the 12 months to September 2024, following a 0.4 per cent increase to August 2024, New Zealand’s statistics department Stats NZ revealed on Friday.
The annual increase was driven by higher prices for restaurant meals ready-to-eat food, and grocery food, which were up 3.5 per cent and 2.7 per cent, respectively, Xinhua news agency reported quoting Stats NZ.
The price increase in restaurant meals and ready-to-eat food was due to higher prices for lunch or brunch, takeaway coffees, and hamburgers, it said.
Higher prices for olive oil, butter, and chocolate biscuits drove the price increase in grocery food, Stats NZ consumer prices manager Nicola Growden said.
New Zealand’s annual consumer price inflation was within the one per cent to three per cent inflation target range and converged on the two per cent midpoint.
–IANS
int/rs/as
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
