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Annual Increase in Food Prices Highest in 14 Years

NZ Herald

November 11, 2022

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The annual food price increase reached a 14-year high of 10.1 per cent.

Food prices jumped 0.8 per cent in the month of October - and fruit and vegetable prices alone increased by 17 per cent.

Stats NZ released the data shortly before 11am today.

“This was the highest annual increase since November 2008,” Stats NZ consumer prices senior manager Nicola Growden said.