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• Published date: 01 December 2022
• Publication title: Central Otago News

Figures from Stats NZ released last month show food prices were 10.1% higher in October this year compared with last year, and had reached a 14-year high

‘‘This was the highest annual increase since November 2008,’’ consumer prices senior manager Nicola Growden said.

The annual increase was due to increases across all the broad food categories measured.

‘‘Increasing prices for barn-raised eggs, cheddar cheese, and two-minute noodles were the largest drivers within grocery food,’’ she said.

The second-largest contributor was fruit and vegetables.

Potatoes, bananas and cabbages were the largest influences.

The Grocery Industry Competition Bill is ready for its first...