New Zealand's annual food price increase remains at 13-year high

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New Zealand's annual food price increase remains at 13-year high

STORY: New Zealand's annual food price increase remains at 13-year high DATELINE: Oct. 14, 2022 LENGTH: 0:01:16 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Wellington 2. various of people shopping in supermarkets and malls 3. various of street views STORYLINE: Food prices were 8.3 percent higher in September 2022 compared with September 2021, New Zealand's statistics department Stats NZ said on Thursday. The annual increase was also 8.3 percent in August 2022, the highest since July 2009, Stats NZ said. In September 2022, the annual increase was due to rises across all the broad food categories measured, with grocery food being the largest contributor to this movement, it said. "Increasing prices for yogurt, two-minute noodles, and tomato-based pasta sauce were the largest drivers within grocery food," said consumer prices manager Katrina Dewbery. Xinhua News Agency correspondents reporting from Wellington. (XHTV)

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