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19.11.201717:16:00UTC+00New Zealand Food Prices Sink 1.1% In October

Food prices in New Zealand slipped an unadjusted 1.1 percent on month in October, Statistics New Zealand said on Monday.

That follows the 0.2 percent fall in September.

On a yearly basis, food prices jumped 2.7 percent, slowing from the 3.0 percent gain in the previous month.

Seasonally adjusted, food prices were down 0.1 percent on month.

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