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

 

Food Prices Unmoved Overall


Food Prices Unmoved Overall

Food prices recorded no overall change in June 2005, according to the latest figures released by Statistics New Zealand. Price decreases for meat, fish and poultry; and fruit and vegetables subgroups, were offset by price increases for restaurant meals and ready-to-eat food; and grocery food, soft drinks and confectionery subgroups.

Meat, fish and poultry prices decreased 0.8 percent, with lower prices recorded for steak (down 3.0 percent) and sausages (down 4.2 percent). Higher prices were recorded for beef mince (up 4.6 percent).

Fruit and vegetable prices fell 0.7 percent, strongly influenced by decreases in prices for fresh fruit (down 3.5 percent); with the most significant price decreases for tomatoes (down 12.2 percent) and citrus fruit (down 15.3 percent).

Prices increased for restaurant meals and ready-to-eat food (up 0.5 percent), and for grocery food, soft drinks and confectionery (up 0.2 percent). Within grocery food, soft drinks and confectionery, the most significant upward contributions came from fruit juice (up 13.9 percent) and breakfast cereals (up 5.8 percent). Lower prices were recorded for biscuits (down 5.0 percent) and instant coffee (down 7.5 percent).

From June 2004 to June 2005, food prices increased 1.5 percent overall. All subgroups recorded price increases: grocery food, soft drinks and confectionery (up 1.6 percent); restaurant meals and ready-to-eat food (up 2.3 percent); meat, fish and poultry (up 0.9 percent); and fruit and vegetables (up 0.5 percent).

Brian Pink

Government Statistician

END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

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:

Crown Accounts: Govt Books In Line With Forecasts

The Government’s financial statements for the four months to 31 October indicate the books are tracking along with Treasury’s Budget forecasts, Finance Minister Grant Robertson says. More>>

ALSO:

Expert Reaction: Ross Sea Region Marine Protected Area In Force

Sweeping new protections for Antarctica's Ross Sea will come into effect on Friday 1 December. After five years of debate, the marine protected area (MPA) was agreed in 2016 after a joint proposal by New Zealand and the United States... More>>

ALSO: