New Zealand's annual food price increase grows to 10

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New Zealand's annual food price increase grows to 10

STORY: New Zealand's annual food price increase grows to 10 DATELINE: Dec. 13, 2022 LENGTH: 0:01:05 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Wellington 2. various of supermarkets 3. various of street views of Wellington STORYLINE: New Zealand's food prices were 10.7 percent higher in November 2022 compared with November 2021, the statistics department Stats NZ said on Tuesday. Food prices increased 10.1 percent in October 2022 compared with October 2021. In November 2022, the annual increase was due to rises across all the broad food categories measured. Compared with November 2021, grocery food prices increased by 10 percent; fruit and vegetable prices increased by 20 percent; and meat, poultry, and fish prices increased by 12 percent, Stats NZ said. The second-largest contributor to the annual movement was fruit and vegetables, with potatoes, onions, and bananas influencing this movement the most, Mitchell said. Xinhua News Agency correspondents reporting from W

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