Economic Indicators

New Zealand food prices rise in May

People take out products from their supermarket shopping cart and load them into their car outside Pak’nSave supermarket amid the spread of the coronavirus disease (COVID-19) in Christchurch, New Zealand, March 23, 2020. REUTERS/Martin Hunter

WELLINGTON, June 14 (Reuters) — New Zealand food prices rose 0.7 percent in May, data from Statistics New Zealand showed on Tuesday, while the index rose 6.8 percent from the same month last year.

Food prices make up nearly 19 percent of the consumer price index.

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