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16 Jan 2025 15:19
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  •   Home > News > Business

    Food price inflation is picking up again

    Food price inflation is picking up again


    Latest Stats NZ data shows food prices increased 1.5 percent in the year to December, up from 1.3 percent in the year to November.

    Milk and olive oil keep getting more expensive, while butter is one-and-a-half times pricier than a year ago.

    Kumara got a lot cheaper, but it's still about one and a half times as expensive as it was two years ago.

    Today's figures will be factored into the inflation rate - released on Wednesday next week.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Rugby:
    It's yet to be seen for how long All Blacks loose forward Wallace Sititi will be out of rugby - after news he'll undergo surgery on a knee injury tomorrow 15:17

    Law and Order:
    What we know about the ceasefire deal between Israel and Hamas 15:07

    Entertainment:
    Paris Hilton is planning to foster a dog given up during the LA wildfires 15:05

    Auckland:
    A crane barge is expected to recover a sunken fishing vessel in the Hauraki Gulf today 14:57

    Entertainment:
    Neil Gaiman has been hit by a new string of sexual assault allegations 14:35

    International:
    Israel and Hamas officials reach Gaza ceasefire deal 14:17

    National:
    Mali’s military junta has made homosexuality a crime – what the new law says 14:17

    Politics:
    The degree of workers planning to move across the ditch is stoking business fears 14:07

    Law and Order:
    Live updates: Joe Biden delivers final address as US president after Israel and Hamas agree to ceasefire 14:07

    Business:
    Australia's unemployment rate has hit 4 percent, strengthening the case for a Reserve Bank rate cut 14:07


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