Dairy and Meat Drive New Zealand Food Prices Up 5 Percent as Cost Pressures Bite

Dairy leads grocery inflation, with milk up 16 percent, butter 42 percent, and cheese 30 percent in a year.

A woman grabs a bottle of milk in a supermarket in Perth, Western Australia, on March 16, 2024. Susan Mortimer/The Epoch Times

Food prices in New Zealand were five percent higher in July than a year earlier, up from a 4.6 percent increase in June, Stats NZ says.

“All five food groups recorded higher prices compared with a year ago,” said prices and deflators spokesperson Nicola Growden.