Petrol and diesel prices see monthly drop, two years of non-stop milk price hikes
New Zealand's Selected Price Indexes show a monthly decrease in petrol and diesel prices for June, despite significant annual increases. Conversely, food prices continue to rise, with milk prices having increased every month for the past two years.
Why it matters
This data highlights the ongoing struggle with cost-of-living pressures and inflation, specifically regarding essential goods like food and fuel.
Although fuel prices remained high in June, petrol and diesel prices have seen a monthly decrease, according to Statistics New Zealand’s latest Selected Price Indexes (SPI) figures.
The article relies on official government statistical data and reports price changes neutrally without editorializing.
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