New Zealand Food Prices for June: -0.7% m/m (prior +0.7%)

Stats New Zealand with the data.

Food price index down 0.7% on the month after a 0.7% rise the previous month.

As I post in the 'preview' to this each month, as a reminder, this can have a currency impact. Food prices are not 'core' inflation, but NZD doesn't care. get's a little wiggle on, down a few tics.