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Liam Dann: NZ Herald business editor at large on food prices going up 0.6 percent in the year to July

New data from has confirmed food prices are up - but not as much as predicted.

Stats NZ reports show food prices have increased by 0.6 percent in the 12 months to July.

NZ Herald business editor at large Liam Dann says this is good news for the economy following the recent OCR cut.

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