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

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.

Heather du Plessis-Allan Drive

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/64e35b76-6e7a-4b66-9015-b228007529f2/transcript

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