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


Food Price Index - July 1999

Food Prices Rise in July

The Food Price Index rose by 0.5 per cent in the July 1999 month, said Deputy Government Statistician Ian Ewing. This follows falls of 0.7 per cent in the June month and 0.4 per cent in May and is the first increase since February when it rose by 1.1 per cent. Compared with a year earlier, food prices were 1.1 per cent higher in July and this follows annual increases of 1.4 per cent in June and 2.4 per cent in May 1999.

Driving up the price level in July was the index for grocery food, soft drinks and confectionery. The most significant downward contribution came from fruit and vegetables.

An increase in the price of soft drinks, frozen or chilled meat pies and packets of sweets were responsible for the July month's 1.2 per cent increase in grocery food, soft drinks and confectionery prices. Lower prices for oranges, tomatoes and potatoes were major contributors to the fruit and vegetable price decrease of 1.4 per cent. Significant price increases were recorded for broccoli, lettuce and cauliflower.

Restaurant meals and ready-to-eat-food prices recorded an increase of 0.1 per cent in July, following an increase of 0.4 per cent in June 1999. Of this subgroup, ready-to-eat-food made the most significant contribution to the July increase.

Meat, fish and poultry prices, while remaining unchanged from June 1999, were 1.9 per cent higher than in July 1998.

Ian Ewing
31 August 1999

© Scoop Media

Business Headlines | Sci-Tech Headlines


Westpac: More Job Opportunities, But Growth In Workers’ Earnings Remains Subdued

The Westpac McDermott Miller Employment Confidence Index rose 1.2 points in the December quarter, to a level of 106.9. This was the sixth straight rise in the index since the Covid-19 lockdown in 2020. Michael Gordon, Acting Chief Economist for Westpac, noted that the rise in the index has largely been driven by perceptions... More>>

Statistics: Card Spending Continues To Increase As COVID-19 Restrictions Ease

The busy Christmas period combined with easing COVID-19 restrictions helped to increase card spending in December 2021, Stats NZ said today... More>>

Westpac NZ: Warns About Sophisticated New Scam
Westpac NZ is warning New Zealanders about a sophisticated new scam that involves a fake Westpac investment prospectus.
The prospectus is formatted to resemble a Westpac document and includes professional-looking imagery... More>>

TradeMe: Job Market Ends 2021 On A High With Record Number Of Vacancies
The New Zealand job market finished 2021 on a high note, with the ball still firmly in the job hunters’ court, according to the analysis of 69,600 vacancies listed on Trade Me Jobs for the quarter ending 31 December (Q4)... More>>

Insurance Council of New Zealand: September South Island Windstorm Cost $36.5 M Raises 2021 Extreme Weather Claims Total To $321.6 M

Gale force winds and storms between 9 and 13 September 2021 resulted in insurers supporting communities to the tune of $36.5 m. This is a significant rise, of $16.7 m, on preliminary figures for the event and lifts the end of year total for all extreme weather events in 2021 to $321.6 m... More>>

Statistics: Building Consents Hit New Highs In November
There were a record 48,522 new homes consented in the year ended November 2021, Stats NZ said today. This was up 26 percent compared with the year ended November 2020... More>>