Thursday 12th July 2012 |
Text too small? |
New Zealand food prices had their biggest gain in 12 months in June, reflecting higher seasonal prices for tomatoes and other fresh produce and the biggest recorded jump for chocolate.
The food price index rose 1.4 percent last month, the same increase recorded for June 2011, according to Statistics New Zealand. Prices are down 0.2 percent from the same month last year.
Fruit and vegetables prices rose 9 percent, leading the increase last month, with tomatoes soaring 42 percent, avocados up 37 percent, nectarines gaining 51 percent, broccoli up 54 percent and lettuce gaining 17 percent. Meat, poultry and fish climbed 1.3 percent. Grocery foods and restaurant meals both rose 0.3 percent.
Non-alcoholic beverages were the only group to record a decline in June, dropping 1.5 percent. Chocolate bars and blocks, part of the grocer group, rose 9.3 percent, the biggest increase since the series began in 1999.
BusinessDesk.co.nz
No comments yet
NZAS Sign Long Term Contracts
Amended - IFT230 Maturity and Exchange for IFT350
Synlait forecast milk price update
Chorus submits 2023 fibre regulatory report
Infratil Infrastructure Bond Exchange Offer opens
May 31st Morning Report
NZAS and Mercury sign long-term agreement, creating opportunity for future investment in renewables
Meridian and NZAS sign long term contracts
ArborGen Holdings Results for Year Ended 31 March 2024
BAI - Full unaudited results to 31 March 2024