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NZ kicks off 2025 with one of the lowest food price inflation rates in the OECD - Retail World Magazine

Summary by Retail World Magazine
Latest statistics show New Zealand still has one of the lowest rates of food price inflation in the developed world but offshore rates suggest a possible upward trend after bottoming out in 2024. Stats NZ reported a nationwide food price inflation (FPI) rate of 1.5% in December, year on year, while the Foodstuffs grocery co-ops saw a rate of 1.0% in their comparable FPI basket. The two Foodstuffs co-ops have been monitoring the FPI rate across t…
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