City
Epaper

New Zealand's annual food price increase remains at 13-yr high

By IANS | Updated: October 13, 2022 13:15 IST

Wellington, Oct 13 Food prices were 8.3 per cent higher in September 2022 compared with September 2021 in ...

Open in App

Wellington, Oct 13 Food prices were 8.3 per cent higher in September 2022 compared with September 2021 in New Zealand, the country's statistics department Stats NZ said on Thursday.

The annual increase was also 8.3 per cent in August 2022, the highest since July 2009, Xinhua news agency quoted Stats NZ as saying.

In September 2022, the annual increase was due to rises across all the broad food categories measured, with grocery food being the largest contributor to this movement, it said.

"Increasing prices for yoghurt, two-minute noodles, and tomato-based pasta sauce were the largest drivers within grocery food," consumer prices manager Katrina Dewbery said.

The second-largest contributor to the annual movement was fruit and vegetables. The items within this group that influenced this movement the most were capsicums, tomatoes, and broccoli.

Monthly food prices were 0.4 percent higher in September 2022 compared with August 2022. After adjusting for seasonal effects, they were up 0.9 per cent.

Fruit and vegetables fell 0.1 per cent, but after seasonal adjustment rose 3.9 per cent.

"This seasonal movement for fruit and vegetables indicates that based off previous patterns a larger fall in fruit and vegetables for the September month is more typical," Dewbery said.

"This helps explain why the overall seasonally adjusted movement is higher than the unadjusted increase."

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: Stats nzKatrina dewberyXinhuaNew ZealandWellingtonAotearoaWgn
Open in App

Related Stories

CricketIND-W vs NZ-W LIVE Cricket Streaming: When and Where to Watch India vs New Zealand ICC Women’s World Cup 2025 Warm-up Match

MumbaiMumbai: Crime Branch Arrests Thane Man for Rs 67 Lakh Scam Using Fake Visas and Jobs

InternationalEarthquake in New Zealand: Quake of Magnitude 6.8 Hits Riverton Coast

MumbaiMumbai Shocker: A Female posted at Australian Navy Molested In Mumbai, Accused Driver Arrested

CricketNZ vs PAK 2025: Hasan Nawaz Breaks Ex-Captain Babar Azam's Record of Scoring Fastest T20I Century For Pakistan

International Realted Stories

InternationalThai PM highlights sustainable development as national imperative

InternationalBeijing arms for war: DF-17 hypersonic missiles raise direct threat to Taiwan

InternationalUAE President, Yemeni Prime Minister discuss ways to enhance bilateral ties

InternationalIndia and Brazil review progress in strategic partnership, discuss cooperation in BRICS, IBSA

InternationalIsraeli police play Indian National Anthem on Haifa Day, video goes viral