Food prices rise
Thursday, 28 October 2010 11:29
Vegetables remain in tight supply
Cauliflower, broccoli, beans, spinach and cabbage in particular. Capsicums have reached an all time high due to a strong export market to Australia.
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Stats NZ: Fruit and vegetable prices rise 2.6%. Fruit and vegetable prices increased 2.6% in September 2010, following a decrease of 3.7 % in August, and an increase of 8.7% in July. Vegetable prices increased (up 4.6%), while fruit prices decreased 0.6%. The most significant increases to the September 2010 rise in fruit and vegetable prices came from higher prices for broccoli (up 49.5%) and lettuce (up 13.5%). Broccoli prices usually increase in September, but September increases of more than 40% have occurred only three times since 1994. Lettuce prices have not had a September increase for at least 15 years. This is the first September increase in vegetable prices since a 0.5% increase in September 2006. In September 2009 vegetable prices decreased 12.8%, with lettuce prices down 40.7%. Some areas of the country experienced unusual weather conditions in September this year, including high winds, flooding, and snow, which influenced the price of some vegetable items. For the year to September 2010, fruit and vegetable prices rose 6.8%. This is the first annual increase in fruit and vegetable prices since July 2009. The most significant increases in the year to September 2010 came from higher prices for lettuce (up 38.7%), tomatoes (up 19.6%), and broccoli (up 58.3%). |
New season fruit and veg now available
Well Priced
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Food prices rise 0.7% Aug to Sept
The most significant increases came from higher prices for fresh milk (up 12.1%), lettuce (up 38.7%), and cheddar cheese (up 25.7%).
Meat, poultry, and fish prices fall 1.0%
The most significant decreases came from lower prices for fresh chicken (down 8.8%), lamb chops (down 11.6%), and bacon (down 8.4%).
Dry good prices rise 1.2%
The most significant increases came from higher prices for snack foods (up 7.8%), chocolate (up 4.6%), and yoghurt (up 4.5%). These three items had significant reductions in the level of discounting in September.
For the year to September 2010, dry goods food prices increased 2.6%, the largest increase since a 2.7% increase for the year to October 2009. The most significant increases came from higher prices for fresh milk (up 12.1%), cheddar cheese (up 25.7%), yoghurt (up 14.7%), and butter (up 53.3%). Overall milk, cheese, and eggs increased 12.1%.
Yoghurt prices rose 4.5% in September 2010 to reach a new high. The 4.5% increase follows a 5.2% increase in August 2010 and a 7.0% increase in July 2010, influenced by the removal of discounting and the reductions in the size of yoghurt pottles (which are shown as price increases).
Meat, poultry, and fish prices decreased 1.0% in September 2010, following increases of 0.8% and 0.5% in August and July 2010, respectively.
The most significant decreases to the September fall in meat, poultry, and fish prices came from lower prices for fresh chicken (down 7.6%) and lamb chops (down 6.3%). The most significant increase came from ham (up 9.0%), influenced by a reduction in the level of discounting.
For the year to September 2010, meat, poultry, and fish prices fell 4.3%. The most significant decreases in the year to September 2010 came from lower prices for fresh chicken (down 8.8%), lamb chops (down 11.6%), and bacon (down 8.4%).
From September 2009 to September 2010 food prices increased 1.3%. This rise follows four consecutive months of annual falls in food prices.