City
Epaper

New Zealand food prices up 12.5% annually: Statistics

By IANS | Updated: July 13, 2023 15:20 IST

Wellington, July 13 New Zealand's annual food prices were 12.5 percent higher in June 2023 than in June ...

Open in App

Wellington, July 13 New Zealand's annual food prices were 12.5 percent higher in June 2023 than in June 2022, the national statistics department said on Thursday.

Stats NZ saidlast month the annual increase was due to rises across all the broad food categories measured, with grocery food prices increasing 12.8 per cent, fruit and vegetable prices up 22 per cent, meat, poultry, and fish prices increasing 11 per cent, and non-alcoholic beverage prices up 9.7 per cent, reports Xinhua news agency.

"Increasing prices for fresh eggs, six-pack yogurt, and cheddar cheese were the largest drivers within grocery food," Stats NZ's consumer prices manager James Mitchell said.

The second largest contributor to the annual movement was fruit and vegetables.

The increase in this group was driven by tomatoes, kumara, and potatoes.

Monthly food prices rose 1.6 per cent in June 2023 compared with May 2023, statistics show.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: WellingtonJames mitchellXinhuaDaniel WellingtonNew ZealandersWellington SquareNew ZealanderReserve Bank Of New ZealandThe New Zealand HeraldNew ZealandIndia New ZealandNew Zealand Pakistan
Open in App

Related Stories

InternationalJohn Campbell: Star Journalist Back to Co-Host Radio New Zealand Morning Report

CricketWTC Points Table: Updated ICC World Test Championship 2025–27 Standings After New Zealand’s 9-Wicket Win Over West Indies in 2nd Test

CricketNZ vs WI 2nd Test: Devon Conway, Mitchell Hay Half-Centuries Put New Zealand in Command; West Indies 32/2 at Stumps on Day 2

CricketNZ vs WI 2nd Test: Debutant Michael Rae, Blair Tickner Shine as West Indies Bowled Out for 205; New Zealand Reach 24/0 at Stumps on Day 1

CricketWTC Points Table: Updated ICC World Test Championship 2025-27 Standings Ahead of New Zealand vs West Indies 2nd Test

International Realted Stories

InternationalMoscow scoffs Zelensky's peace plan even as Trump remains non-committal before Sunday meeting

InternationalAmerican tech giants pour billions into India's data hubs: Report

InternationalPakistan central bank chief's warning hints clock has run out: Report

InternationalViolence and persecution normalised, Bangladesh faces grave democracy crisis (IANS analysis)

InternationalBNP participation in Bangladesh elections would demonstrate sincere attempt to revert to democratic rule: Former Diplomat Suresh K Goel