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Embargoed until 10:45am – 13 August 2007

Food Price Index: July 2007 – Media Release


Fruit and vegetables raise food prices




Food prices increased 1.2 percent in the July 2007 month, Statistics New Zealand said today. The increase was mainly due to higher prices for the fruit and vegetables subgroup (up 6.8 percent) and the grocery food subgroup (up 1.4 percent).

Within the fruit and vegetables subgroup, the main contributors to the 6.8 percent increase were higher prices for tomatoes (up 20.7 percent), cucumber (up 66.3 percent), courgettes (up 110.4 percent), lettuce (up 24.4 percent), and broccoli (up 54.5 percent).

The grocery food subgroup increase (up 1.4 percent) mainly came from higher prices for fresh milk (up 9.6 percent) and potato crisps (up 8.5 percent).

For the year to July 2007, food prices rose 3.4 percent. Prices were up for all subgroups. The most significant upward contribution came from higher prices for the meat, poultry and fish subgroup (up 7.2 percent). Less significant upward contributions came from higher prices for the following subgroups: restaurant meals and ready-to-eat food (up 3.6 percent), grocery food (up 1.8 percent), fruit and vegetables (up 2.7 percent), and non-alcoholic beverages (up 3.4 percent).


Geoff Bascand
Government Statistician
 13 August 2007

 

END


There is a companion Hot Off The Press information release published – Food Price Index: July 2007.


For media enquiries contact:
John Morris
Wellington 04 931 4600
Email: info@stats.govt.nz

 

  Food Price Index: July 2007 (pdf)



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