NZ food price inflation, 2010-2025, measured by percentage change in Food Price Index from the same period in the previous year. See Stats NZ, Infoshare, table CPI034AA. Inflation was stable between -1.8% and 4.5% between October 2011 and December 2021, but rose to a peak of 12.5% in April and June 2023, before falling back down to -0.3% in June 2024. Prices have risen again and are back up to 5.0% as of July 2025.