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Friday 20 May 2022

Prices

FPI – Annual food price increase eases to 6.4% 12th May 2022 /

FPI – Annual food price increase eases to 6.4%

Price rises for cheddar cheese, milk, and eggs meant annual food inflation remained high in April, although eased from the 10-year record reported for March.


“It’s a real cost to us” – FSNI’s Chris Quin on price cut pledge 11th May 2022 /

“It’s a real cost to us” – FSNI’s Chris Quin on price cut pledge

“As a result of this price rollback our stores will be selling some items below cost,” according to Foodstuff NZ boss Chris Quin.


Who is assuming the risk in Countdown’s winter price freeze? 6th May 2022 /

Who is assuming the risk in Countdown’s winter price freeze?

The Great Price Winter Freeze takes in mostly private label items, with a handful of independent brands, but what will happen if costs go up?


Dairy, beef drive export growth due to higher prices 29th April 2022 /

Dairy, beef drive export growth due to higher prices

The value of total good exports rose strongly in March 2022, driven by increases in dairy products, beef, and aluminium.


Annual inflation hits 6.9%, highest in 30 years 21st April 2022 /

Annual inflation hits 6.9%, highest in 30 years

The annual CPI inflation rate for the March 2022 quarter reached 6.9% – the largest movement since a 7.6% annual increase in the year to the June 1990 quarter, said Stats NZ.


Perspectives: Cheaper food comes with other costs – why cutting GST isn’t the answer 20th April 2022 /

Perspectives: Cheaper food comes with other costs – why cutting GST isn’t the answer

People must consider the impact cheap food has on the environment and whether there are better ways to help struggling families.


Govt again threatens supermarket action as food prices surge 14th April 2022 /

Govt again threatens supermarket action as food prices surge

Minister David Clark feels the heat from surging food prices and says he has not ruled out going further than ComCom’s grocery market recommendations.


Overpackaging key concern for Kiwis… 24th March 2022 /

Overpackaging key concern for Kiwis…

Overpackaging and non-recyclable packaging is a top concern for New Zealanders, according to new research by Kantar.


Māori Party calls for GST removed from all kai 18th March 2022 /

Māori Party calls for GST removed from all kai

The Māori Party has announced a policy to remove GST from all kai to ease the burden on households struggling through the cost of living crisis.


Govt help needed to cool vege prices – HortNZ 17th March 2022 /

Govt help needed to cool vege prices – HortNZ

Vegetable prices will continue to surge ahead if the government doesn’t help growers find ways to lower costs, according to Horticulture New Zealand.


Hospo, accom prices on the rise despite fuel, transport cuts 15th March 2022 /

Hospo, accom prices on the rise despite fuel, transport cuts

Hospitality and accommodation operators may still have to put up prices despite the fuel and transport cost cuts announced by the government, says Hospitality New Zealand.


FPI: Food price hike highest in over a decade 11th March 2022 /

FPI: Food price hike highest in over a decade

Food prices continue their upward trajectory, with fruit and vegetables jumping 17% on a year ago.


Grocery price hikes a worry for consumers 10th March 2022 /

Grocery price hikes a worry for consumers

Consumer New Zealand research has found 98% of people are worried about the rising price of groceries.


Producer prices rise in December quarter 21st February 2022 /

Producer prices rise in December quarter

Producer input prices rose 1.1%, while producer output prices rose 1.4% in the December quarter, led by dairy and construction.


Food prices rise for fifth consecutive month 13th September 2021 /

Food prices rise for fifth consecutive month

Food prices rose for the fifth consecutive month in August mainly due to higher prices for meat, poultry and fish, and restaurant meals and ready-to-eat food, according to Stats NZ.


NZ beef pricing “strong” despite volatility – Rabobank 27th August 2021 /

NZ beef pricing “strong” despite volatility – Rabobank

Pricing for New Zealand beef remains strong despite turbulence in global beef markets, according to Rabobank’s latest Global Beef Quarterly report.


Food contributes to quarterly inflation rise 28th July 2021

Food contributes to quarterly inflation rise

Inflation for the all households group, as measured by the household living-costs price indexes was 1.1% in the June 2021 quarter.


Vegetable prices jump 15% – the sharpest rise in four years 13th July 2021 /

Vegetable prices jump 15% – the sharpest rise in four years

Capsicum prices jumped 27% to a weighted average price of $24.16 per kilogram, an all-time high.


Strawberry prices crushed 43% as exports fall 14th December 2020 /

Strawberry prices crushed 43% as exports fall

As air freight costs soared due to Covid-19 border closures, so did the price of exporting.


Competition, pricing and promotions in ComCom sights 11th December 2020 /

Competition, pricing and promotions in ComCom sights

Preliminary issues paper released ahead of review into NZ’s highly concentrated sector


High supply sees fruit, vege prices drop – Stats NZ 16th November 2020

High supply sees fruit, vege prices drop – Stats NZ

The department says prices tend to fall in October as fruit and vegetables follow seasonal trend.


August sees tomato prices spike 38% 11th September 2020

August sees tomato prices spike 38%

Covid-19 has driven the price of tomatoes to an all-time high, according to Stats NZ.