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Meat pushes food prices to fifth consecutive rise
Food prices rose 0.3 percent in August 2021 compared with July 2021, mainly influenced by higher prices for meat, poultry, and fish, and restaurant meals and ready-to-eat food, Stats NZ said today.
Though modest, August’s movement is the fifth consecutive monthly rise. After adjusting for seasonality, prices rose 0.2 in August 2021.
Meat, poultry, and fish prices were up 1.3 percent in August, mainly influenced by higher prices for roasting pork (up 11 percent), sausages (up 3.5 percent), lamb chops (up 5.4 percent), and porterhouse and sirloin steak (up 2.3 percent). This was partly offset by lower prices for chicken pieces (down 3.3 percent).
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