Monthly food prices fell 0.9 percent in October compared with September, according to figures released by Stats NZ today.

The largest contributor to the fall was vegetables, down 7.2 percent. But a rise in fruit prices, up 0.6 percent, partly offsets that.

NZ Herald business editor at large Liam Dann explains what this means for the state of the economy - and inflation.

LISTEN ABOVE

Monthly food prices fell 0.9 percent in October compared with September, according to figures released by Stats NZ today.
The largest contributor to the fall was vegetables, down 7.2 percent. But a rise in fruit prices, up 0.6 percent, partly offsets that.
NZ Herald business editor at large Liam Dann explains what this means for the state of the economy - and inflation.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Liam Dann: NZ Herald business editor at large on food prices falling in October

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f174f56a-e244-4b34-b7cf-b22800753574/transcript

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