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Liam Dann: NZ Herald business editor at large on food prices dropping for the first time in six years

Liam Dann: NZ Herald business editor at large on food prices dropping for the first time in six years

Heather du Plessis-Allan Drive · Newstalk ZB

July 11, 20244m 47s

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Show Notes

Economists say falling food prices are a certain sign inflation's going down - but we may have to wait to get the full picture. 

Annual food prices have decreased for the first time in six years - sliding 0.3 percent in the year ending June.

Despite this, NZ Herald business editor at large Liam Dann says more data in other industries is needed to confirm if inflation is reducing.

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Topics

businessmoneyeconomyinflation