New Zealand food prices were 12 percent higher in February than they were a year earlier, according to Stats NZ .
This is the biggest recorded annual increase since 1989, with grocery food taking the spot as the biggest contributor, up twelve percent.
“Increasing prices for barn or cage-raised eggs, potato chips, and cheddar cheese were the largest drivers within grocery food,” consumer prices manager James Mitchell said.
The second-largest contributor to the annual movement was fruit and vegetables. The increase were seen in tomatoes, up 117 percent and potatoes, up 48 percent. Fruit and vegetable prices as a whole…
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