Newsroom

Food prices fall overall but fruit and vegetable prices spike

Food prices fell for the third consecutive month in December as cheaper groceries and drinks offset a sharp rise in fresh fruit and vegetables.

Official numbers show prices fell 0.2 percent on the previous month.

Grocery prices fell one percent as a group, driven by such items as chips, biscuits, some dairy and meat products, and soft drinks.

The biggest price rises were fruit and vegetables, especially kiwifruit, which hit a record high average price of more than $8.20 a kilogram, nearly double the price the year before .

Annual food inflation remained at 2.4 percent.

Food prices make up about a fifth of the overall inflation rate.

This article was originally published on RNZ and re-published with permission.

Can you help our journalists uncover the facts?

Newsroom is committed to giving our journalists the time they need to uncover, investigate, and fact-check tough stories. Reader donations are critical to buying our team the time they need to produce high-quality independent journalism.

If you can help us, please donate today.

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

With thanks to our partners