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New Zealand food prices up 12.5 pct annually: statistics

WELLINGTON
2023-07-13 14:59

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WELLINGTON, July 13 (Xinhua) -- New Zealand's annual food prices were 12.5 percent higher in June 2023 than in June 2022, according to the statistics department Stats NZ on Thursday.

In June 2023, the annual increase was due to rises across all the broad food categories measured, with grocery food prices increasing 12.8 percent, fruit and vegetable prices up 22 percent, meat, poultry, and fish prices increasing 11 percent, and non-alcoholic beverage prices up 9.7 percent.

"Increasing prices for fresh eggs, six-pack yogurt, and cheddar cheese were the largest drivers within grocery food," Stats NZ's consumer prices manager James Mitchell said.

The second largest contributor to the annual movement was fruit and vegetables. The increase in this group was driven by tomatoes, kumara, and potatoes.

Monthly food prices rose 1.6 percent in June 2023 compared with May 2023, statistics show.
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