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Amid mounting concerns over inflation, New Zealand’s Food Price Index (FPI) exhibited a nominal uptick in October 2025. The index, which had previously recorded a -0.4% change in September, slightly improved to -0.3% this month. These figures were officially updated on November 16, 2025, signaling a modest yet noteworthy shift in the nation’s food pricing dynamics.
This latest report offers a Month-over-Month comparison, indicating that while food prices are still reflecting a decrease, the rate of decline has marginally reduced. In September, the FPI’s -0.4% signalized more pronounced reductions in food pricing compared to the preceding month. However, October’s -0.3% adjustment now suggests a tapering in the downward trend, potentially hinting at stabilization within the sector.
Analysts are closely watching these trends as they may play a crucial role in shaping consumer behavior and inflationary pressures moving forward. Although the current figures are not indicative of an outright recovery, they nevertheless point towards a deceleration in the decline of food prices across the country.