FX.co ★ NZ Food Inflation Eases in November

In November 2025, New Zealand saw a reduction in annual food inflation, which decreased to 4.4% from 4.7% in the preceding month. The most significant driver of this overall increase in food prices was the grocery food sector, with a year-on-year rise of 4.6%. Meat, poultry, and fish prices surged by 7.7% over the year, while prices for restaurant meals and ready-to-eat foods advanced by 2.4%. Additionally, the cost of fruits and vegetables rose by 3.7%, and non-alcoholic beverages experienced a 4.4% increase, highlighting the varying price dynamics across different food categories.