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

 

Lettuce shows largest price fall in four years


11 October 2018

Lettuce prices fell 45 percent in September 2018, to an average of $1.81 a head, Stats NZ said today. They were down 30 percent for the year.

“Prices reached an all-time high of $5.42 for a 500g head of lettuce in July 2018 due to poor weather. But since then we’ve had two major price falls, which meant lettuce prices reached an unseasonably low level this September,” consumer prices manager Geraldine Duoba said.

While lettuce averaged $1.81 a head in September 2018, at the same time last year the price was about 80 cents a head higher, at $2.59.


Overall, food prices were almost unchanged in September 2018 (down 0.1 percent), but showed a slight rise after seasonal adjustment (up 0.3 percent).

Vegetable prices fell 8.7 percent in September, influenced by lower prices for lettuce, tomatoes, and cucumbers. However, meat and poultry prices rose 2.0 percent, influenced by higher prices for beef and chicken.

In the year ended September 2018, food prices were also relatively unchanged (up 0.1 percent). This was driven by higher prices for ready-to-eat food (up 3.5 percent), and milk, cheese and eggs (up 2.2 percent). Prices decreased for vegetables (down 8.9 percent) and fruit (down 3.6 percent), which helped keep overall food inflation low for the year.

“After the poor weather and a reduced harvest in 2017, vegetable prices have returned to more typical levels for this time of year,” Ms Duoba said.


The Government Statistician authorises all statistics and data we publish.

For more information about these statistics:

• Visit Food price index: September 2018

• See CSV files for download


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Retail: International Websites To Pay GST

New rules would be aimed at imported goods valued at or below $1,000. Customs would retain responsibility for collecting GST on imported parcels valued more than $1,000. More>>

ALSO:

High-Level Advice: PM’s Business Advisory Council Membership Announced

The Prime Minister’s Business Advisory Council brings together a mix of experts, six women and seven men with small to large business experience, from across New Zealand, to provide advice. More>>

ALSO:

Improving: Report Shows New Zealand Air Quality 'Good'

Our air 2018, produced by the Ministry for the Environment and Stats NZ, shows that while some previously known issues persist, progress has been made and levels of some pollutants are declining. More>>

ALSO:

Greenpeace: Govt Extends OMV Exploration Permit

The Government has just granted oil giant OMV a two-year extension to drill in the Great South Basin, despite issuing a ban on new oil and gas exploration permits in April. More>>

ALSO:

Collective Bargaining For Contractors: Working Group's Model For Screen Sector

A recommended model to allow collective bargaining for contractors in the screen sector has today been unveiled by the Government-convened Film Industry Working Group. More>>

ALSO:

Kauri Dieback: DOC Closing Tracks To Protect Trees

The Department of Conservation will close 21 tracks across kauri land to help prevent the spread of kauri dieback. An additional 10 tracks will also be partially closed and the open sections upgraded... More>>