FX.co ★ New Zealand Food Prices Pick Up from 5-Month Low

In October 2025, New Zealand experienced a rise in annual food inflation to 4.7%, marking an increase from the 4.1% recorded in September, which had been the lowest rate in five months. The primary driver of this inflation was grocery prices, which increased by 4.9% year-on-year. Notably, the prices of meat, poultry, and fish escalated by 7.6%. Specific items saw significant rises, with milk soaring by 13.5%, instant coffee climbing 25.5%, cheese escalating 30.1%, and fresh eggs rising 18.5%.