New data from has confirmed food prices are up - but not as much as predicted.

Stats NZ reports show food prices have increased by 0.6 percent in the 12 months to July.

NZ Herald business editor at large Liam Dann says this is good news for the economy following the recent OCR cut.

LISTEN ABOVE

New data from has confirmed food prices are up - but not as much as predicted.
Stats NZ reports show food prices have increased by 0.6 percent in the 12 months to July.
NZ Herald business editor at large Liam Dann says this is good news for the economy following the recent OCR cut.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Advertisement