Food inflation surged from 12.1% to 12.5%…
Cost of living: Food price inflation up again, leaping 12.5 per cent in one year
Food prices have kept rising rapidly, with fruit and vegetables 22 per cent more expensive in June than a year earlier.
New Stats NZ data showed overall food prices increased 12.5 percent in the year ending June.
…which is funny because Orr said inflation had peaked!
All the Capitalists want to pretend inflation has peaked so that they can get back to the orgy of capitalism they know and love, the reality is that the just in time supply chains and geopolitical tensions between America and China mean free market capitalism as enjoyed pre-Covid are too damaged and that we are now importing inflation.
These food inflation prices we are seeing in NZ don’t include the extra 30cents petrol tax or the impact of the cyclones on food production.
Add in a heat wave melting the North and the Peakers are wrong, there is more damage coming.
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Compulsory free community vege gardens and fruit trees for every town and neighborhood. Paid for by chippies I am in it for you fund.
cAPITALISM, THINK CANSER OF OUR TODAY. STAND UP, CANT DARE OUR MONEY DEBT WILL HAVE HAMMER AND NILS FOR US.
Here we go Millsy we need another pay rise so you would be a happy camper .
GST off food now!
The 30 cents per litre fuel price rise was a killer and frankly a mindless decision with peoples finances so tight. Just add that to every step of the economy but of course not if you are the person deciding this as a passenger in a tax payer chauffeur driven limo or tax payer funded taxi!
Only 12.5% ? Really? I must be buying wrong food.
Would be interesting to compare domestically grown versus imported food…but fst chance of anyone doing that.
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