Fruit and veg put the knife in food inflation: Stats NZ
And popstar Taylor Swift has a 'Swiftflation' effect on travel costs.
Fruit and vegetable prices fell 9% in the 12 months to February.
Cheaper fruit and vegetable prices have put the knife in food inflation, while economists see upside risks to the RBNZ’s inflation forecasts – and the inflationary effects from popstar Taylor Swift's latest tour Downunder.
Stats NZ data out this morning showed food prices increased 2.1% in the
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