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New Zealand's food prices fall 1.0 percent in February
Food prices fell 1.0 percent in February 2014, but were up 0.2 percent on a year earlier, Statistics New Zealand said today. "Boxed chocolates were cheaper in the lead-up to Valentine's Day," prices manager Chris Pike said. "February also saw seasonally cheaper fruit and vegetables and cheaper beef and lamb." The seasonal fall in fruit and vegetable prices (down 5.9 percent) was influenced by price falls for both vegetables (down 6.5 percent) and fruit (down 5.1 percent). The main downward contributions came from apples and tomatoes. Meat, poultry, and fish prices fell 1.9 percent, reflecting lower prices for ... (full story)