Cheaper tomatoes pull food prices down - News Summed Up

Cheaper tomatoes pull food prices down


Data from Stats NZ shows overall food prices fell 0.6 per cent in November compared with the previous month, mainly influenced by lower prices for tomatoes. As well as lower tomato prices, there were lower prices for broccoli, strawberries, and potatoes. Cheaper prices for fruit and vegetables were partly offset by higher prices for grocery food (up 0.7 per cent) and non-alcoholic beverages (up 1.6 per cent). On a seasonally adjusted basis, fruit and vegetable prices fell 2.3 per cent, and grocery food prices rose 0.3 per cent. Annually, food prices increased 4.0 per cent in November, mainly due to higher prices for grocery food (up 4.2 per cent) and restaurant meals and ready-to-eat food (up 4.6 per cent).


Source: Stuff December 14, 2021 18:27 UTC



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