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

 


Fruit and Vegetables Drive Food Prices Down


Fruit and Vegetables Drive Food Prices Down

Food prices decreased 0.8 percent in April 2005, according to the latest figures released by Statistics New Zealand. Prices decreased for fruit and vegetables, and for meat, fish and poultry. Prices increased for restaurant meals and ready-to-eat food, and for grocery food, soft drinks and confectionery.

Fruit and vegetable prices fell 5.5 percent in April 2005, strongly influenced by decreases in prices for fresh vegetables (down 9.2 percent). The most significant price decreases were for tomatoes (down 21.8 percent), cauliflower (down 30.6 percent) and potatoes (down 7.2 percent). Meat, fish and poultry prices decreased 1.2 percent, and lower prices were recorded for steak (down 4.1 percent).

In April 2005, prices increased for restaurant meals and ready-to-eat food (up 0.2 percent), and for grocery food, soft drinks and confectionery (up 0.1 percent). Within grocery food, soft drinks and confectionery, the most significant contributions came from fruit juice (up 9.4 percent) and milk (up 1.3 percent). These were partly offset by lower prices for soup powder (down 11.6 percent) and potato crisps (down 4.9 percent).

From April 2004 to April 2005, food prices increased 0.4 percent. Price increases were recorded for restaurant meals and ready-to-eat food (up 2.4 percent); meat, fish and poultry (up 2.5 percent); and grocery food, soft drinks and confectionery (up 0.7 percent). Prices for fruit and vegetables decreased 7.1 percent.

Brian Pink

Government Statistician

END


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news