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.

Help us create a sustainable future for independent local journalism

As New Zealand moves from crisis to recovery mode the need to support local industry has been brought into sharp relief.

As our journalists work to ask the hard questions about our recovery, we also look to you, our readers for support. Reader donations are critical to what we do. If you can help us, please click the button to ensure we can continue to provide quality independent journalism you can trust.

With thanks to our partners