Food Price Index: March 2012

Embargoed until 10:45am  –  16 April 2012
Media release  – 
Food prices fall 1.0 percent

Key facts

In March 2012 compared with February 2012:

  • Food prices fell 1.0 percent.
  • Fruit and vegetable prices fell 4.2 percent.
  • Meat, poultry, and fish prices fell 1.8 percent.
  • Grocery food prices fell 0.3 percent.
  • Restaurant meals and ready-to-eat food prices fell 0.2 percent.
  • Non-alcoholic beverage prices fell 0.1 percent.

The last time that all five subgroups fell was in October 2009.

From March 2011 to March 2012:

  • Food prices increased 0.2 percent.

 

Graph, Food price index, monthly change, March 2011 to March 2012.           Graph, Food price index, annual change, March 2011 to March 2012.              

Geoff Bascand
Government Statistician
16 April 2012
ISSN 1178-0282