Higher demand for food around the world, is lifting ood prices
Higher demand for food around the world, is lifting ood prices
17 July 2025
Latest Stats NZ figures show food prices rose 4.6 percent in the past year.
It's being driven by double-digit increases for red meat, cheese and milk - and steep rises for cooking oil.
Infometrics Principal Economist Brad Olsen says it's in part a reaction to increased global need.
He says that's pushing up international prices, reflected in what we're having to pay.
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