Butter increases 63% Dec 2009 - 2010

Annual changes show increases for all categories: fruit and vegetables (up 5.5%), dry goods (up 4.9%), restaurant meals (up 4%), meat, poultry, and fish (up 3.2%), and non-alcoholic beverages (up 1.8%). Milk prices increased by more than 14% which also had a great impact on butter price which rose significantly by almost 63%.

Although there was a 4.2% increase of food prices in the year to December 2010, in November and December 2010 prices started to fall by 0.6% and 0.8% respectively.

Food prices decrease 0.8%

In December 2010 Statistics NZ reported food prices decreased by 0.8% compared to November.

The biggest decreases were soft drinks (down 5.8%), lettuce (down 19.6%), and tomatoes (down 37.1%).

The most significant increases were for for apples (up 14.2%), chocolate bars (up 10.5%), and sausages (up 8.7%).

Overall, in December 2010, fruit and vegetables prices decreased by 4%, non-alcoholic beverages fell 2.7%, and dry good prices dropped by 0.4%, while meat, poultry and fish prices increased by 0.8%.

(SOURCE: MenuCoster, received 28th January 2011)

Don't forget MenuCoster is offering all Clubs New Zealand members a $200 discount off the normal joining fee.

MenuCoster is a web-based recipe and menu mangement tool that is easy, fast and fun to use.  MenuCoster provides recipe costing, nutritional analysis and menu pricing.  It is set up and ready to go, requiring no installation or training.

To find out more visit www.menucoster.co.nz