Food prices increase 12.5 percent annually

Annual food prices were 12.5 percent higher in June 2023 than in June 2022, according to figures released by Stats NZ today.

Month endedPercentage change
Jan-8717.1
Feb-8716.3
Mar-8716.3
Apr-8716.1
May-8717.5
Jun-8717.7
Jul-8718.1
Aug-8715.8
Sep-8714.9
Oct-874.7
Nov-874.3
Dec-874.6
Jan-886.4
Feb-886.3
Mar-887
Apr-886.3
May-885.3
Jun-885.6
Jul-885.1
Aug-885.8
Sep-885.6
Oct-886.6
Nov-887
Dec-886.8
Jan-894.4
Feb-895.6
Mar-894.1
Apr-894.6
May-895.9
Jun-896.3
Jul-8910.4
Aug-8911.8
Sep-8912.4
Oct-8911.7
Nov-8911.3
Dec-8911.2
Jan-9011.8
Feb-909.9
Mar-9011
Apr-9011.4
May-9010.7
Jun-9010
Jul-906
Aug-904.9
Sep-904.6
Oct-903.3
Nov-903.2
Dec-903.3
Jan-913.9
Feb-913.5
Mar-912.7
Apr-911.3
May-911.2
Jun-910.5
Jul-910.7
Aug-910.4
Sep-91-0.6
Oct-91-1
Nov-91-0.7
Dec-91-0.8
Jan-92-1.3
Feb-92-0.5
Mar-92-0.9
Apr-92-1
May-92-0.8
Jun-92-0.6
Jul-92-0.3
Aug-920.4
Sep-921
Oct-921.9
Nov-921.5
Dec-921.8
Jan-932.9
Feb-933.1
Mar-932.1
Apr-932.3
May-931.3
Jun-930.7
Jul-931
Aug-930.6
Sep-930
Oct-930.1
Nov-930.1
Dec-93-0.3
Jan-94-0.9
Feb-94-0.3
Mar-940.2
Apr-94-0.1
May-94-0.2
Jun-940.4
Jul-94-0.1
Aug-94-0.3
Sep-94-0.5
Oct-940.3
Nov-940.3
Dec-941.8
Jan-951.3
Feb-950.4
Mar-950.9
Apr-951.9
May-953.5
Jun-952.2
Jul-950.8
Aug-950.7
Sep-951
Oct-950.4
Nov-951.8
Dec-950.6
Jan-960.3
Feb-96-0.1
Mar-960.5
Apr-960.5
May-960
Jun-961.1
Jul-962.2
Aug-962.4
Sep-963.1
Oct-963.2
Nov-962.1
Dec-961.7
Jan-972.4
Feb-972.7
Mar-973.6
Apr-973.4
May-971.7
Jun-972
Jul-972.7
Aug-972
Sep-971.3
Oct-971
Nov-970.9
Dec-971.8
Jan-982.1
Feb-982.7
Mar-982.2
Apr-982.7
May-982.6
Jun-982.8
Jul-982.8
Aug-984.2
Sep-984.2
Oct-984.4
Nov-984.3
Dec-983.6
Jan-993.6
Feb-993.9
Mar-992.4
Apr-991.7
May-992.4
Jun-991.4
Jul-991.1
Aug-99-0.6
Sep-99-0.3
Oct-99-1.2
Nov-99-0.3
Dec-99-0.5
Jan-001.1
Feb-00-1.1
Mar-00-0.2
Apr-00-0.7
May-00-0.2
Jun-001.7
Jul-001.4
Aug-002
Sep-002
Oct-002.9
Nov-003.5
Dec-004.8
Jan-014
Feb-015.7
Mar-015.1
Apr-016
May-016.2
Jun-015.7
Jul-015.8
Aug-016.3
Sep-017.8
Oct-017.7
Nov-016.7
Dec-015.8
Jan-025.6
Feb-024.5
Mar-025.5
Apr-025.2
May-024
Jun-023
Jul-023.3
Aug-023
Sep-021.4
Oct-021.7
Nov-021.2
Dec-020.6
Jan-030
Feb-030.6
Mar-03-0.3
Apr-03-0.7
May-030.8
Jun-030.6
Jul-030.7
Aug-030.2
Sep-030
Oct-03-0.3
Nov-030.4
Dec-030.6
Jan-04-0.2
Feb-040.1
Mar-041.5
Apr-041.7
May-040.5
Jun-040.9
Jul-04-0.1
Aug-040.4
Sep-041.3
Oct-041.1
Nov-040.8
Dec-041.2
Jan-051.8
Feb-051.7
Mar-051.1
Apr-050.4
May-051.4
Jun-051.5
Jul-052.1
Aug-052
Sep-050.9
Oct-051.1
Nov-051.5
Dec-052.2
Jan-062.3
Feb-061.1
Mar-061.8
Apr-061.9
May-061.8
Jun-062.9
Jul-063.4
Aug-063.4
Sep-063.9
Oct-064
Nov-063.8
Dec-062.7
Jan-073.4
Feb-074.5
Mar-073.3
Apr-074.3
May-074.1
Jun-073
Jul-073.4
Aug-073.4
Sep-073.4
Oct-073.6
Nov-073.9
Dec-075.4
Jan-084.4
Feb-085.2
Mar-086
Apr-086
May-086.8
Jun-088.2
Jul-087.6
Aug-0810.6
Sep-0810.8
Oct-089.9
Nov-0810.3
Dec-089.1
Jan-099.5
Feb-098.8
Mar-098.6
Apr-097.6
May-096.8
Jun-098.4
Jul-098.4
Aug-094.6
Sep-093.3
Oct-092
Nov-090.9
Dec-090.9
Jan-102.2
Feb-100.7
Mar-100.3
Apr-100.4
May-10-0.5
Jun-10-2
Jul-10-1
Aug-10-0.2
Sep-101.3
Oct-105.1
Nov-104.8
Dec-104.2
Jan-113.8
Feb-115.3
Mar-115.5
Apr-116.1
May-117.4
Jun-117.5
Jul-117.9
Aug-116.6
Sep-114.7
Oct-111.1
Nov-111.9
Dec-112.9
Jan-121
Feb-121.5
Mar-120.2
Apr-120
May-12-0.2
Jun-12-0.2
Jul-12-1.8
Aug-12-0.5
Sep-12-0.3
Oct-120.3
Nov-12-0.6
Dec-12-1
Jan-130.8
Feb-13-0.1
Mar-13-0.4
Apr-13-0.1
May-13-0.1
Jun-130.6
Jul-130.9
Aug-130.3
Sep-131.2
Oct-130.8
Nov-131.4
Dec-131.5
Jan-140.9
Feb-140.2
Mar-141.2
Apr-141.5
May-141.8
Jun-141.2
Jul-14-0.1
Aug-140.7
Sep-14-0.1
Oct-140.9
Nov-140.6
Dec-141
Jan-151.2
Feb-151.5
Mar-151.9
Apr-151
May-150.8
Jun-15-0.1
Jul-151.2
Aug-150.4
Sep-150.7
Oct-15-0.5
Nov-15-0.2
Dec-15-1.3
Jan-16-0.6
Feb-16-0.5
Mar-16-0.1
Apr-160.5
May-16-0.3
Jun-16-0.5
Jul-16-1.3
Aug-160.5
Sep-160.1
Oct-160.6
Nov-160.6
Dec-160.6
Jan-171.4
Feb-172.2
Mar-171.3
Apr-170.2
May-173.1
Jun-173
Jul-173
Aug-172.3
Sep-173
Oct-172.7
Nov-172.3
Dec-172.3
Jan-180.8
Feb-180.1
Mar-181.4
Apr-182.3
May-18-0.1
Jun-180.2
Jul-181.1
Aug-18-0.1
Sep-180.1
Oct-180.6
Nov-180.4
Dec-181
Jan-190.8
Feb-191.7
Mar-191.2
Apr-191
May-191.7
Jun-190.5
Jul-190.9
Aug-192.1
Sep-192.2
Oct-192.5
Nov-192.4
Dec-192.4
Jan-203.5
Feb-203.1
Mar-203.3
Apr-204.4
May-202.9
Jun-204.1
Jul-204.2
Aug-204.2
Sep-203.1
Oct-202.7
Nov-202.6
Dec-202.9
Jan-212.1
Feb-211.2
Mar-210.5
Apr-210.7
May-211.8
Jun-212.8
Jul-212.8
Aug-212.4
Sep-214
Oct-213.7
Nov-214
Dec-214.5
Jan-225.9
Feb-226.8
Mar-227.6
Apr-226.4
May-226.8
Jun-226.6
Jul-227.4
Aug-228.3
Sep-228.3
Oct-2210.1
Nov-2210.7
Dec-2211.3
Jan-2310.3
Feb-2312
Mar-2312.1
Apr-2312.5
May-2312.1
Jun-2312.5

In June 2023, the annual increase was due to rises across all the broad food categories Stats NZ measures. The following list shows each food group's price rise for the year ended June 2023, in order of their contribution to the overall movement:

  • grocery food prices increased 12.8 percent
  • fruit and vegetables prices increased 22.0 percent
  • restaurant meals and ready-to-eat food prices increased 9.2 percent
  • meat, poultry, and fish prices increased 11.0 percent
  • non-alcoholic beverage prices increased 9.7 percent.

"Increasing prices for fresh eggs, six-pack yoghurt, and cheddar cheese were the largest drivers within grocery food," consumer prices manager James Mitchell said.

The second largest contributor to the annual movement was fruit and vegetables. The increase in this group was driven by tomatoes, kūmara, and potatoes.

Monthly change

Monthly food prices rose 1.6 percent in June 2023 compared with May 2023. After adjusting for seasonal effects, they were up 0.9 percent.

Month endedActual
Jun-200.5
Jul-201.2
Aug-200.7
Sep-20-1
Oct-20-0.7
Nov-20-0.9
Dec-200.1
Jan-211.3
Feb-21-0.9
Mar-210
Apr-211.1
May-210.4
Jun-211.4
Jul-211.3
Aug-210.3
Sep-210.5
Oct-21-0.9
Nov-21-0.6
Dec-210.6
Jan-222.7
Feb-22-0.1
Mar-220.7
Apr-220.1
May-220.7
Jun-221.2
Jul-222.1
Aug-221.1
Sep-220.4
Oct-220.8
Nov-220
Dec-221.1
Jan-231.7
Feb-231.5
Mar-230.8
Apr-230.5
May-230.3
Jun-231.6
Month endedSeasonally adjusted
Jun-200.2
Jul-200.4
Aug-200.6
Sep-20-0.6
Oct-200.1
Nov-200.1
Dec-200.3
Jan-21-0.1
Feb-21-0.4
Mar-21-0.4
Apr-211.4
May-210.4
Jun-210.9
Jul-210.4
Aug-210.2
Sep-210.9
Oct-21-0.1
Nov-210.5
Dec-210.6
Jan-221.2
Feb-220.5
Mar-220.4
Apr-220.4
May-220.8
Jun-220.6
Jul-221.1
Aug-221
Sep-220.9
Oct-221.5
Nov-221
Dec-221.2
Jan-230.2
Feb-232.1
Mar-230.6
Apr-230.7
May-230.5
Jun-230.9

"Prices for fruit and vegetables such as tomatoes, capsicums, and lettuce contributed the most to the overall monthly rise," Mitchell said.

/Stats NZ Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.