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Stats NZ food price report w/ James Mitchell: 17 May, 2023

Stats NZ food price report w/ James Mitchell: 17 May, 2023

Stats NZ food price report w/ James Mitchell: 17 May, 2023 Stats NZ food price report w/ James Mitchell: 17 May, 2023, 8.81 MB
Wednesday, May 17, 2023

The most recent food price report from Stats NZ hints at tough future for Kiwi’s wallets. The report says that annual food prices have increased by twelve point five percent, the largest increase in food prices since September 1987, which shortly followed the introduction of GST in 1986. 

Some of the key numbers from the report show that over the recent period:

  • grocery food prices increased by 14.0 percent
  • fruit and vegetables prices increased by 22.5 percent
  • restaurant meals and ready-to-eat food prices increased by 9.0 percent
  • meat, poultry, and fish prices increased by 9.5 percent
  • non-alcoholic beverage prices increased by 8.0 percent.

To learn more about what food items substantially increased in price, Andre Fa'aoso spoke to James Mitchell, manager for Consumer Price Delivery at Stats NZ.