Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Food Prices Stable in September


Food Prices Stable in September

There was no overall movement in the Food Price Index (FPI) in September 2003, according to latest figures released by Statistics New Zealand. Price rises were recorded for meat, fish and poultry; grocery food, soft drinks and confectionery; and restaurant meals and ready-to-eat food.

These were offset by a fall in fruit and vegetable prices.

Meat, fish and poultry prices increased by 1.2 percent in September 2003. The most significant upward contributions came from higher prices for poultry (up 3.1 percent) and fish (up 2.4 percent).

Prices for grocery food, soft drinks and confectionery rose by 0.2 percent in September.

Significant price rises came from potato crisps and fruit juice, which were partly offset by a price fall for soft drinks.

Prices for restaurant meals and ready-to-eat food increased by 0.3 percent in September 2003.

Fruit and vegetable prices decreased by 3.8 percent in September 2003, driven by lower prices for fresh vegetables (down 8.9 percent). After adjusting for normal seasonal change, significant downward price movements came from broccoli (down 38.7 percent) and lettuce (down 27.6 percent).

Food prices recorded no overall change from September 2002 to September 2003. Upward contributions came from grocery food, soft drinks and confectionery (up 1.8 percent) and restaurant meals and ready-to-eat food (up 2.1 percent). These were offset by price falls for fruit and vegetables (down 5.6 percent) and meat, fish and poultry (down 3.4 percent).

Brian Pink

Government Statistician

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: