October 10, 2024 21:55 GMT
NEW ZEALAND: Food Prices Up In Sep, Mixed Trends Elsewhere
NEW ZEALAND
Food prices rose 0.5%m/m for Sep in New Zealand. In terms of the other detail for the monthly price shifts, rents rose 0.3%m/m (same as August)
Petrol and diesel prices saw bigger m/m falls compared to August. Petrol off -3.2%, diesel -5.8%. Air travel was down for domestic but up for international. Accommodation services rose 2.6% m/m (after a 5.2% gain in August).
This pattern was mostly reflected in y/y outcomes as well. Food up to 1.2%y/y from 0.4%, Petrol and diesel still falling sharply in y/y terms.
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