News

New Zealand fruit and vegetable prices up 18% in a year

Fruits
Vegetables
New Zealand
Published Apr 15, 2022

Tridge summary

According to Stats NZ, food prices in New Zealand have risen 7.6% in the last year - the highest annual increase in over a decade. The 7.6% increase in food prices between March 2021 and March 2022 was the largest increase since 2011, when prices rose 7.9% on the previous year, influenced by a GST increase from 12.5% to 15% in October 2010.

Original content

"Average prices for vegetables like tomatoes, broccoli, iceberg lettuce, and cabbage were notably higher than they were in March 2020 and 2021,” consumer prices manager Katrina Dewbery said. Fruit and vegetable prices also rose 1.2% in March from February, influenced by higher prices for cabbage, tomatoes, strawberries, and kumara. “The average price of cabbage increased 28% in March, from $3.92 to $5.03 per kilogram,” Dewbery said. Commerce and Consumer Affairs Minister David Clark took aim at Foodstuffs and Woolworths for the sharp increase in prices, saying they were making profits at the expense of New Zealanders. “Rising food prices is a global issue. Omicron, ...
Source: Hortidaily
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