Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Food prices down slightly in December, but up for the year

Food prices down slightly in December, but up for the year – Media release

15 January 2014

Food prices fell 0.1 percent in December 2013 but were up 1.5 percent on a year earlier, Statistics New Zealand said today.

"Food prices were down slightly in December. Seasonally lower prices for vegetables and more discounting for chocolate and soft drinks were partly countered by higher meat and milk prices," prices manager Chris Pike said.

The main downward contribution came from the non-alcoholic beverages subgroup (down 2.1 percent). Lower prices were recorded for soft drinks, influenced by more discounting.

Fruit and vegetable prices also fell in December (down 1.1 percent). Vegetable prices fell 3.7 percent, while fruit prices rose 2.4 percent. Seasonally lower prices were recorded for tomatoes, nectarines, and lettuce, while seasonal price rises were recorded for apples, potatoes, and kiwifruit.

Grocery food prices remained flat. Higher prices for fresh milk (up 2.7 percent) were partly offset by lower prices for chocolate. Chocolate prices are now at their lowest level since July 2008.

Monthly price rises were recorded for meat, poultry, and fish (up 0.8 percent), influenced by higher prices for chicken (up 4.7 percent). Restaurant meals and ready-to-eat food prices also rose (up 0.5 percent).

Annual change in prices

In the year to December 2013, the food price index (FPI) increased 1.5 percent.

Prices increased for grocery food (up 2.0 percent); restaurant meals and ready-to-eat food (up 1.9 percent); non-alcoholic beverages (up 3.0 percent); and meat, poultry, and fish (up 1.6 percent) in the year to December 2013.

For grocery food, prices increased for dairy products such as fresh milk (up 9.4 percent), cheese (up 7.7 percent), and yoghurt (up 10 percent). This was partly offset by lower prices for confectionery, nuts, and snacks (down 4.4 percent) – influenced by more discounting.

The only food subgroup to show a price decrease in the year to December was fruit and vegetables (down 2.2 percent). This decrease was influenced by lower prices for pumpkin, grapes, and avocados.

The FPI measures the rate of price change of food and food services purchased by households. Statistics NZ visits shops across New Zealand to collect prices for the FPI and check package sizes.

 Food Price Index: December 2013

FoodPriceIndexDec13.pdf

fpidec13tables.xls

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The Ombudsman’s Verdict On Paula Rebstock And Ian Rennie

Unfortunately, the brave and damning report by Ombudsman Ron Paterson on the “flawed” and “unfair” inquiry conducted by Dame Paula Rebstock into events at MFAT pulls back the veil on a far wider issue. More>>

ALSO:

Charities' Report: Stressed Families - Overstretched Services

“Like so many of the whānau and families they serve social service organisations are under huge financial stress. The support demanded from desperate people in communities is far outreaching the resources available.” More>>

ALSO:

Detention: Wellingtonians Protest Treatment Of Refugees

Peace Action Wellington (PAW) and around 50 Wellingtonians blockaded the Australian High Commission, creating a symbolic detention centre to protest the Australian Government's policy of mandatory offshore detention for refugees and asylum seekers. More>>

ALSO:

Diver's Alarums: Breach Means Training Provider Must Repay $1.47 Million

The New Zealand School of Outdoor Studies is to repay $1.47 million (GST-exclusive) to the Tertiary Education Commission (TEC) following an investigation which showed that some student enrolments between 2009 -2014 could not be validated and that courses were under-delivered against their agreement with the TEC. More>>

ALSO:

Education: Government Plans Suggest Bulk Funding Return

Plans by the Government to return to bulk funding are likely to see increased class sizes and schools most in need missing out on much-needed resources, Labour’s Acting Education spokesperson Grant Robertson says. More>>

ALSO:

Interim Report: Auckland Looks Long Term To Pay-Per-Km Road Pricing

Aucklanders can expect to be paying variable rates per kilometre to travel on the city's most congested roads under an emerging transport strategy being formulated by the government and the Auckland Council. More>>

ALSO:

Despite Promises: Government Extends Iraq Deployment

Cabinet has agreed to extend New Zealand’s contribution to the joint New Zealand-Australia mission to train Iraqi Security Forces until November 2018. More>>

ALSO:

On The 'Terrorism' Card:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news