Market news
15.01.2019, 07:17

New Zealand food prices fell 0.2 percent in December 2018

Food prices fell 0.2 percent in December 2018. After seasonal adjustment, they rose 0.5 percent.

In December 2018 compared with November 2018:

  • fruit and vegetable prices fell 1.1 percent (down 0.6 percent after seasonal adjustment)

  • meat, poultry, and fish prices rose 0.2 percent

  • grocery food prices rose 0.1 percent (up 0.5 percent after seasonal adjustment)

  • non-alcoholic beverage prices fell 2.6 percent

  • restaurant meals and ready-to-eat food prices rose 0.2 percent.

Food prices increased 1.0 percent in the year ended December 2018.

In December 2018 compared with December 2017:

  • fruit and vegetable prices decreased 6.1 percent

  • meat, poultry, and fish prices increased 3.8 percent

  • grocery food prices increased 1.4 percent

  • non-alcoholic beverage prices decreased 0.2 percent

  • restaurant meals and ready-to-eat food prices increased 2.9 percent.


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