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Chocolate, olive oil and takeaways push up food price inflation for August

Author
Newstalk ZB,
Publish Date
Thu, 12 Sep 2024, 8:12pm
Photo / 123RF
Photo / 123RF

Chocolate, olive oil and takeaways push up food price inflation for August

Author
Newstalk ZB,
Publish Date
Thu, 12 Sep 2024, 8:12pm

Chocolate, olive oil, butter and takeaway meals have been blamed for pushing up food price inflation in August, according to new reports.

Fresh fruit and vegetable prices kept falling, down 12 percent. Falling kūmara, potatoes, and lettuce prices led the way. Potatoes are now the cheapest they’ve been in three years.

NZ Herald business editor at large explains the factors driving this data.

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