WELLINGTON, Sept. 12 (Xinhua) -- New Zealand's food prices rose 0.4 percent in the 12 months to August 2024, following a 0.6 percent increase in the 12 months to July 2024, the statistics department Stats NZ said on Thursday.

The annual increase in food prices was contributed by higher prices for restaurant meals and ready-to-eat food, and grocery food, which were up 3.6 percent and 2.4 percent, respectively, Stats NZ said, adding that the price rise in restaurant meals and ready-to-eat food was due to higher prices for lunch and brunch, hamburgers, and takeaway coffees.

The price increase in grocery food was due to higher prices for olive oil, chocolate blocks, and butter, it said, adding that the average price of a 250 gram chocolate block has increased 20 percent since this time 2023.

Despite an overall increase in food prices, decreasing prices in the fruit and vegetables group had the largest contribution to food prices, down 12.2 percent in the 12 months to August 2024, driven by lower prices for kumara, potatoes, and lettuce, said Stats NZ consumer prices manager James Mitchell. Enditem

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