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


Food Prices Stable in January

Food Prices Stable in January

Food prices recorded no overall change in January 2004, according to the latest figures released by Statistics New Zealand. Price rises were recorded for grocery food, soft drinks and confectionery; meat, fish and poultry; and restaurant meals and ready-to-eat food. These were offset by a fall in fruit and vegetable prices.

Grocery food, soft drinks and confectionery prices increased by 0.5 percent in January 2004. The most significant upward contributions came from higher prices for ice cream (up 4.6 percent) and soft drinks (up 1.5 percent). Downward contributions came from lower prices for fruit juice (down 7.1 percent) and sweets (down 4.9 percent).

Prices for meat, fish and poultry rose by 0.9 percent in January 2004 and were driven by higher prices for poultry (up 7.1 percent). The most significant downward contribution to meat, fish and poultry prices came from lower beef prices (down 1.5 percent).

Restaurant meals and ready-to-eat food prices increased by 0.3 percent in January 2004. Prices for ready-to-eat food rose 0.3 percent and restaurant meals rose 0.1 percent. Prices for fruit and vegetables fell by 3.2 percent in January 2004. The most significant downward contribution came from lower fresh vegetable prices (down 3.9 percent). This was driven by lower prices for tomatoes (down 12.0 percent).

Food prices decreased by 0.2 percent from January 2003 to January 2004. Downward contributions came from meat, fish and poultry (down 3.4 percent) and fruit and vegetables (down 4.2 percent). These decreases were partly offset by increases in grocery foods, soft drinks and confectionery (up 1.4 percent) and restaurant meals and ready-to-eat foods (up 1.5 percent).

Brian Pink

Government Statistician

© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>