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

 

Prices for winter veggies cool down


Winter vegetables were cheaper in May, Stats NZ said today.

Broccoli, potatoes, and cabbages all fell in price in May.

“The cooler weather brought cheaper winter vegetables,” consumer prices manager Gael Price said.

In the May month, broccoli fell 12 percent, potatoes fell 3.0 percent, and cabbages fell 11 percent.

In the year to May 2019, kumara were 37 percent cheaper.

“The average price of kumara was $4.86 per kilo in May, down from $7.77 per kilo a year ago, when prices were unusually high after wet weather led to a shortage,” Ms Price said.

Despite lower prices for winter vegetables, avocados hit a new record high in May. Avocado prices reached $5.73 per 200g, 13 percent higher than a year ago.

“Avocado prices fluctuate greatly during the year, with supplies typically available between August and April, and prices typically peaking around May or June,” Ms Price said.

Orange prices rose 18 percent in May, reaching a record high of $4.58 per kg, while kiwifruit prices fell 42 percent.

Dairy products cost more in May, after falling in early 2019. The average price of a kilogram of mild cheddar cheese reached $9.57, up from $8.79 in April 2019, the highest prices in almost five years.

Cheese (up 7.6 percent), butter (up 5.1 percent), and yoghurt (up 2.0 percent) prices were all up compared with April.

“Global dairy auction prices have risen this year. We are now seeing these rises reflected in supermarket prices,” Ms Price said.

Eggs, both free-range and non-free-range, rose 1.6 percent for the month as free-range egg suppliers remain under pressure to adjust for the egg shortage.

Overall, monthly food prices rose in May 2019, up 0.7 percent, and increased 1.7 percent in the year to May 2019.



© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Oil Exploration: Chevron, Equinor Depart NZ

Chevron and Norwegian oil giant Equinor have opted to abandon their joint exploration efforts off the east coast of the North Island... Chevron said the decision not to proceed with the next five-year stage of their work programmes was based on the firms’ broader portfolio considerations and not “policy or regulatory concerns.” More>>

ALSO:

Reference Group Proposal: Motorists, MTI Support Ban On Less Safe Car Imports

A proposal to ban some used car models from being imported into New Zealand is being welcomed by the Motor Industry Association, which says Japan's scraps are being sent here for waste disposal. More>>

ALSO:

Gordon Campbell: On Asking The Banks To Be Nicer To Farmers

Few would begrudge the idea that banks should be made to act more humanely – given the obscene profits that the Aussie banks are extracting annually from New Zealand, they can surely afford to cut some slack. More>>

ALSO:

Wider Net Ban, Other Threats: Plan To Expand Protection For Maui And Hector’s Dolphins

The Government is taking action to expand and strengthen the protection for Māui and Hector’s dolphins with an updated plan to deal with threats to these native marine mammals. More>>

ALSO: