A slew of Stats NZ data showed food prices rose 0.2 percent in August on July, but the annual rate eased to 0.4 percent.
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The costs of goods and services eased to 1.84 percent in June this year compared to the same month last year, according to the National Statistics Bureau (NSB). This was 1.99 percentage points down from the inflation rate of 3.83 percent in June last year. This was primarily driven by decrease in prices of communication, housing and utilities, recreation, transport, and education, the NSB stated.
A slew of Stats NZ data showed food prices rose 0.2 percent in August on July, but the annual rate eased to 0.4 percent.
A slew of Stats NZ data showed food prices rose 0.2 percent in August on July, but the annual rate eased to 0.4 percent.
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