Food prices increased 4.4 percent in the 12 months to May 2025, following a 3.7 percent increase in the 12 months to April 2025, according to figures released by Stats NZ.

Higher prices for the grocery food group and the meat, poultry and fish group contributed most to the annual increase in food prices.

Infometrics Principal Economist Brad Olsen unpacks the factors behind this data.

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