New Zealand Food Inflation

Food inflation measures the increase of wholesale price index food items in relation to the general inflation rate or the Consumer Price Index.

 New Zealand’s Food Inflation

New Zealand’s Food Inflation slowed down on a yearly basis for June of 2017 by 3.23% when compared to previous month’s value. Results were reported at 3.0%, slipping from previous month’s value of 3.0%. Food Inflation in New Zealandpeaked at an all-time high point of10.81% in September of 2008and hit rock-bottom at-1.99% in June of 2010.