11 Apr 2014

Food prices down but meat, veges up

11:48 am on 11 April 2014

Food prices fell in March, driven by cheaper prices for groceries which offset rises in the cost of fruit and vegetables and some meat items.

Food platter

Photo: PHOTO NZ

Official figures show food prices fell 0.3 percent in March, compared with a 1 percent fall in February.

Prices for grocery food fell 1.6 percent, which includes nuts and snacks and bread and cereals.

However, prices for meat, poultry and fish experienced a strong rise, up 0.9 percent while the cost of fruit and vegetables rose 0.5 percent.