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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
2 mins to read

Cyclone Gabrielle adds further pressure to food prices

Food prices rise at the highest rate in more than 33 years, according to Stats NZ.

Fruit and vegetable prices surged 23% in the 12 months ended February.

Overheated food prices just got charred again – rising at the highest level in more than 33 years.

Stats NZ said food prices rose 12% in February when compared with the year earlier, the biggest rise since September 1989.

There was broad growth, with fruit and vegetables up 23%, grocery food

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Jonathan Mitchell Mon, 13 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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Cyclone Gabrielle adds further pressure to food prices
Economics,
98169
true