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


Fresh Vegetables Push FPI Down

Fresh Vegetables Push FPI Down

Food prices decreased 0.2 percent in August 2005, Statistics New Zealand said today. Prices were down for fruit and vegetables, but up slightly for meat, fish and poultry; restaurant meals and ready-to-eat food; and grocery food, soft drinks and confectionery.

Fruit and vegetable prices were down 2.7 percent, with the greatest contributions coming from avocados (down 41.5 percent) and broccoli (down 31.4 percent).

Meat, fish and poultry prices increased 0.1 percent in August 2005, strongly influenced by price increases for frozen chicken (up 7.9 percent).

Restaurant meals and ready-to-eat food prices increased 0.2 percent in August 2005, along with grocery food, soft drinks and confectionery, which were up 0.1 percent. Within grocery food, soft drinks and confectionery, the most significant upward contributions came from chocolate confectionery (up 5.5 percent) and pies and pizzas (up 7.3 percent). These increases were partly offset by lower prices for bread and bread rolls (down 2.2 percent).

From August 2004 to August 2005, food prices increased 2.0 percent. Price increases were recorded for meat, fish and poultry (up 5.2 percent); grocery food, soft drinks and confectionery (up 1.9 percent); and restaurant meals and ready-to-eat food (up 2.5 percent). Prices for fruit and vegetables decreased 3.6 percent.

Brian Pink
Government Statistician


There is a companion Hot Off The Press information release published – Food Price Index: August 2005.

© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


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>>


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>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news