Financial News: New Zealand Food Inflation Highest Since Early 2024

New Zealand Food Inflation Highest Since Early 2024

04/14/2025 - 23:54:00 (RTTNews)

(RTTNews) - New Zealand food inflation accelerated to a 14-month high in March, Stats NZ said on Tuesday.

Food prices grew 3.5 percent on a yearly basis in March, faster than the 2.4 percent increase in February. The rate was the strongest since January 2024.

Prices for the grocery food group and the meat, poultry, and fish group contributed the most to the annual inflation. However, partly offsetting the increase in food prices was lower prices for the fruit and vegetables group.

On a monthly basis, food prices moved up 0.5 percent, in contrast to the 0.5 percent fall in February.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Irish Residential Property Price Inflation Eases To 8.0% (52 min(s), 11 sec(s) ago)
(RTTNews) - Ireland's residential property price inflation softened further in February to the ...Full Story»

Italy Current Account Surplus Shrinks In February (01 hr(s), 06 min(s), 11 sec(s) ago)
(RTTNews) - Italy's current account surplus decreased in February from the previous year, the ...Full Story»

Italy Inflation Rises Less Than Estimated (01 hr(s), 23 min(s), 11 sec(s) ago)
(RTTNews) - Italy's consumer price inflation increased slightly less than initially estimated ...Full Story»

Eurozone Inflation Eases As Estimated (01 hr(s), 53 min(s), 11 sec(s) ago)
(RTTNews) - Eurozone inflation slowed in March, as initially estimated, as energy prices declined ...Full Story»

UK Inflation Slows To 2.6% (02 hr(s), 08 min(s), 11 sec(s) ago)
(RTTNews) - UK consumer price inflation weakened more than expected to a three-month low in March ...Full Story»

Eurozone Current Account Surplus Falls (02 hr(s), 50 min(s), 11 sec(s) ago)
(RTTNews) - The euro area current account surplus declined in February, data from the European Cen ...Full Story»

Czech Producer Prices Fall 0.3% (03 hr(s), 44 min(s), 11 sec(s) ago)
(RTTNews) - The Czech Republic's producer prices decreased for the second straight month in Ma ...Full Story»

China Economic Growth Beats Expectations (03 hr(s), 52 min(s), 11 sec(s) ago)
(RTTNews) - China's economy logged stronger-than-expected growth in the first quarter as fisca ...Full Story»