Food prices increase 8.0 percent annually

Food prices in New Zealand were 8.0 percent higher in September 2023 than in September 2022, according to figures released by Stats NZ today.

"Month ended""Food price index"
"Jan-87"17.1
"Feb-87"16.3
"Mar-87"16.3
"Apr-87"16.1
"May-87"17.5
"Jun-87"17.7
"Jul-87"18.1
"Aug-87"15.8
"Sep-87"14.9
"Oct-87"4.7
"Nov-87"4.3
"Dec-87"4.6
"Jan-88"6.4
"Feb-88"6.3
"Mar-88"7
"Apr-88"6.3
"May-88"5.3
"Jun-88"5.6
"Jul-88"5.1
"Aug-88"5.8
"Sep-88"5.6
"Oct-88"6.6
"Nov-88"7
"Dec-88"6.8
"Jan-89"4.4
"Feb-89"5.6
"Mar-89"4.1
"Apr-89"4.6
"May-89"5.9
"Jun-89"6.3
"Jul-89"10.4
"Aug-89"11.8
"Sep-89"12.4
"Oct-89"11.7
"Nov-89"11.3
"Dec-89"11.2
"Jan-90"11.8
"Feb-90"9.9
"Mar-90"11
"Apr-90"11.4
"May-90"10.7
"Jun-90"10
"Jul-90"6
"Aug-90"4.9
"Sep-90"4.6
"Oct-90"3.3
"Nov-90"3.2
"Dec-90"3.3
"Jan-91"3.9
"Feb-91"3.5
"Mar-91"2.7
"Apr-91"1.3
"May-91"1.2
"Jun-91"0.5
"Jul-91"0.7
"Aug-91"0.4
"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-92"0.4
"Sep-92"1
"Oct-92"1.9
"Nov-92"1.5
"Dec-92"1.8
"Jan-93"2.9
"Feb-93"3.1
"Mar-93"2.1
"Apr-93"2.3
"May-93"1.3
"Jun-93"0.7
"Jul-93"1
"Aug-93"0.6
"Sep-93"0
"Oct-93"0.1
"Nov-93"0.1
"Dec-93"-0.3
"Jan-94"-0.9
"Feb-94"-0.3
"Mar-94"0.2
"Apr-94"-0.1
"May-94"-0.2
"Jun-94"0.4
"Jul-94"-0.1
"Aug-94"-0.3
"Sep-94"-0.5
"Oct-94"0.3
"Nov-94"0.3
"Dec-94"1.8
"Jan-95"1.3
"Feb-95"0.4
"Mar-95"0.9
"Apr-95"1.9
"May-95"3.5
"Jun-95"2.2
"Jul-95"0.8
"Aug-95"0.7
"Sep-95"1
"Oct-95"0.4
"Nov-95"1.8
"Dec-95"0.6
"Jan-96"0.3
"Feb-96"-0.1
"Mar-96"0.5
"Apr-96"0.5
"May-96"0
"Jun-96"1.1
"Jul-96"2.2
"Aug-96"2.4
"Sep-96"3.1
"Oct-96"3.2
"Nov-96"2.1
"Dec-96"1.7
"Jan-97"2.4
"Feb-97"2.7
"Mar-97"3.6
"Apr-97"3.4
"May-97"1.7
"Jun-97"2
"Jul-97"2.7
"Aug-97"2
"Sep-97"1.3
"Oct-97"1
"Nov-97"0.9
"Dec-97"1.8
"Jan-98"2.1
"Feb-98"2.7
"Mar-98"2.2
"Apr-98"2.7
"May-98"2.6
"Jun-98"2.8
"Jul-98"2.8
"Aug-98"4.2
"Sep-98"4.2
"Oct-98"4.4
"Nov-98"4.3
"Dec-98"3.6
"Jan-99"3.6
"Feb-99"3.9
"Mar-99"2.4
"Apr-99"1.7
"May-99"2.4
"Jun-99"1.4
"Jul-99"1.1
"Aug-99"-0.6
"Sep-99"-0.3
"Oct-99"-1.2
"Nov-99"-0.3
"Dec-99"-0.5
"Jan-00"1.1
"Feb-00"-1.1
"Mar-00"-0.2
"Apr-00"-0.7
"May-00"-0.2
"Jun-00"1.7
"Jul-00"1.4
"Aug-00"2
"Sep-00"2
"Oct-00"2.9
"Nov-00"3.5
"Dec-00"4.8
"Jan-01"4
"Feb-01"5.7
"Mar-01"5.1
"Apr-01"6
"May-01"6.2
"Jun-01"5.7
"Jul-01"5.8
"Aug-01"6.3
"Sep-01"7.8
"Oct-01"7.7
"Nov-01"6.7
"Dec-01"5.8
"Jan-02"5.6
"Feb-02"4.5
"Mar-02"5.5
"Apr-02"5.2
"May-02"4
"Jun-02"3
"Jul-02"3.3
"Aug-02"3
"Sep-02"1.4
"Oct-02"1.7
"Nov-02"1.2
"Dec-02"0.6
"Jan-03"0
"Feb-03"0.6
"Mar-03"-0.3
"Apr-03"-0.7
"May-03"0.8
"Jun-03"0.6
"Jul-03"0.7
"Aug-03"0.2
"Sep-03"0
"Oct-03"-0.3
"Nov-03"0.4
"Dec-03"0.6
"Jan-04"-0.2
"Feb-04"0.1
"Mar-04"1.5
"Apr-04"1.7
"May-04"0.5
"Jun-04"0.9
"Jul-04"-0.1
"Aug-04"0.4
"Sep-04"1.3
"Oct-04"1.1
"Nov-04"0.8
"Dec-04"1.2
"Jan-05"1.8
"Feb-05"1.7
"Mar-05"1.1
"Apr-05"0.4
"May-05"1.4
"Jun-05"1.5
"Jul-05"2.1
"Aug-05"2
"Sep-05"0.9
"Oct-05"1.1
"Nov-05"1.5
"Dec-05"2.2
"Jan-06"2.3
"Feb-06"1.1
"Mar-06"1.8
"Apr-06"1.9
"May-06"1.8
"Jun-06"2.9
"Jul-06"3.4
"Aug-06"3.4
"Sep-06"3.9
"Oct-06"4
"Nov-06"3.8
"Dec-06"2.7
"Jan-07"3.4
"Feb-07"4.5
"Mar-07"3.3
"Apr-07"4.3
"May-07"4.1
"Jun-07"3
"Jul-07"3.4
"Aug-07"3.4
"Sep-07"3.4
"Oct-07"3.6
"Nov-07"3.9
"Dec-07"5.4
"Jan-08"4.4
"Feb-08"5.2
"Mar-08"6
"Apr-08"6
"May-08"6.8
"Jun-08"8.2
"Jul-08"7.6
"Aug-08"10.6
"Sep-08"10.8
"Oct-08"9.9
"Nov-08"10.3
"Dec-08"9.1
"Jan-09"9.5
"Feb-09"8.8
"Mar-09"8.6
"Apr-09"7.6
"May-09"6.8
"Jun-09"8.4
"Jul-09"8.4
"Aug-09"4.6
"Sep-09"3.3
"Oct-09"2
"Nov-09"0.9
"Dec-09"0.9
"Jan-10"2.2
"Feb-10"0.7
"Mar-10"0.3
"Apr-10"0.4
"May-10"-0.5
"Jun-10"-2
"Jul-10"-1
"Aug-10"-0.2
"Sep-10"1.3
"Oct-10"5.1
"Nov-10"4.8
"Dec-10"4.2
"Jan-11"3.8
"Feb-11"5.3
"Mar-11"5.5
"Apr-11"6.1
"May-11"7.4
"Jun-11"7.5
"Jul-11"7.9
"Aug-11"6.6
"Sep-11"4.7
"Oct-11"1.1
"Nov-11"1.9
"Dec-11"2.9
"Jan-12"1
"Feb-12"1.5
"Mar-12"0.2
"Apr-12"0
"May-12"-0.2
"Jun-12"-0.2
"Jul-12"-1.8
"Aug-12"-0.5
"Sep-12"-0.3
"Oct-12"0.3
"Nov-12"-0.6
"Dec-12"-1
"Jan-13"0.8
"Feb-13"-0.1
"Mar-13"-0.4
"Apr-13"-0.1
"May-13"-0.1
"Jun-13"0.6
"Jul-13"0.9
"Aug-13"0.3
"Sep-13"1.2
"Oct-13"0.8
"Nov-13"1.4
"Dec-13"1.5
"Jan-14"0.9
"Feb-14"0.2
"Mar-14"1.2
"Apr-14"1.5
"May-14"1.8
"Jun-14"1.2
"Jul-14"-0.1
"Aug-14"0.7
"Sep-14"-0.1
"Oct-14"0.9
"Nov-14"0.6
"Dec-14"1
"Jan-15"1.2
"Feb-15"1.5
"Mar-15"1.9
"Apr-15"1
"May-15"0.8
"Jun-15"-0.1
"Jul-15"1.2
"Aug-15"0.4
"Sep-15"0.7
"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-16"0.5
"May-16"-0.3
"Jun-16"-0.5
"Jul-16"-1.3
"Aug-16"0.5
"Sep-16"0.1
"Oct-16"0.6
"Nov-16"0.6
"Dec-16"0.6
"Jan-17"1.4
"Feb-17"2.2
"Mar-17"1.3
"Apr-17"0.2
"May-17"3.1
"Jun-17"3
"Jul-17"3
"Aug-17"2.3
"Sep-17"3
"Oct-17"2.7
"Nov-17"2.3
"Dec-17"2.3
"Jan-18"0.8
"Feb-18"0.1
"Mar-18"1.4
"Apr-18"2.3
"May-18"-0.1
"Jun-18"0.2
"Jul-18"1.1
"Aug-18"-0.1
"Sep-18"0.1
"Oct-18"0.6
"Nov-18"0.4
"Dec-18"1
"Jan-19"0.8
"Feb-19"1.7
"Mar-19"1.2
"Apr-19"1
"May-19"1.7
"Jun-19"0.5
"Jul-19"0.9
"Aug-19"2.1
"Sep-19"2.2
"Oct-19"2.5
"Nov-19"2.4
"Dec-19"2.4
"Jan-20"3.5
"Feb-20"3.1
"Mar-20"3.3
"Apr-20"4.4
"May-20"2.9
"Jun-20"4.1
"Jul-20"4.2
"Aug-20"4.2
"Sep-20"3.1
"Oct-20"2.7
"Nov-20"2.6
"Dec-20"2.9
"Jan-21"2.1
"Feb-21"1.2
"Mar-21"0.5
"Apr-21"0.7
"May-21"1.8
"Jun-21"2.8
"Jul-21"2.8
"Aug-21"2.4
"Sep-21"4
"Oct-21"3.7
"Nov-21"4
"Dec-21"4.5
"Jan-22"5.9
"Feb-22"6.8
"Mar-22"7.6
"Apr-22"6.4
"May-22"6.8
"Jun-22"6.6
"Jul-22"7.4
"Aug-22"8.3
"Sep-22"8.3
"Oct-22"10.1
"Nov-22"10.7
"Dec-22"11.3
"Jan-23"10.3
"Feb-23"12
"Mar-23"12.1
"Apr-23"12.5
"May-23"12.1
"Jun-23"12.5
"Jul-23"9.6
"Aug-23"8.9
"Sep-23"8

"The largest contributing food group was grocery food, which includes non-perishables and dairy products," consumer prices manager James Mitchell said. "Fresh eggs, potato crisps, and lollies were the largest drivers within grocery food."

In September 2023, the annual increase was due to rises across all the broad food categories measured by Stats NZ. Price rises for the five food groups for the year ended September 2023, in order of their contribution to the overall movement, were:

  • grocery food prices increased 10.7 percent
  • restaurant meals and ready-to-eat food prices increased 8.6 percent
  • meat, poultry, and fish prices increased 6.9 percent
  • non-alcoholic beverage prices increased 8.3 percent
  • fruit and vegetables prices increased 1.4 percent.

The increase for restaurant meals and ready-to-eat food, the second largest contributor to the annual movement, was driven by the same contributors as the previous month - dine-in lunch/brunch, takeaway meals, and dine-in evening meals.

Monthly change

Monthly food prices fell 0.4 percent in September 2023 compared with August 2023. After adjusting for seasonal effects, they were up 0.1 percent.

Month endedActual
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
Jul-23-0.5
Aug-230.5
Sep-23-0.4
"Month ended""Seasonally adjusted"
"Sep-20"-0.6
"Oct-20"0.1
"Nov-20"0.1
"Dec-20"0.3
"Jan-21"-0.2
"Feb-21"-0.5
"Mar-21"-0.4
"Apr-21"1.2
"May-21"0.6
"Jun-21"1
"Jul-21"0.6
"Aug-21"0.2
"Sep-21"0.9
"Oct-21"-0.2
"Nov-21"0.4
"Dec-21"0.6
"Jan-22"1.2
"Feb-22"0.4
"Mar-22"0.4
"Apr-22"0.3
"May-22"0.8
"Jun-22"0.9
"Jul-22"1.4
"Aug-22"1
"Sep-22"0.9
"Oct-22"1.5
"Nov-22"0.9
"Dec-22"1.2
"Jan-23"0.2
"Feb-23"1.9
"Mar-23"0.6
"Apr-23"0.8
"May-23"0.4
"Jun-23"1.1
"Jul-23"-1.2
"Aug-23"0.4
"Sep-23"0.1

"Decreasing prices for fruit and vegetables, such as tomatoes, cucumbers, and lettuce, contributed the most to the overall monthly fall," 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.