Food prices increase 8.9 percent annually

Annual food prices were 8.9 percent higher in August 2023 than in August 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
Jul-239.6
Aug-238.9

"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 six-pack yoghurt were the largest drivers within grocery food."

In August 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 August 2023, in order of their contribution to the overall movement:

  • grocery food prices increased 10.6 percent
  • restaurant meals and ready-to-eat food prices increased 8.9 percent
  • meat, poultry, and fish prices increased 8.0 percent
  • non-alcoholic beverage prices increased 9.1 percent
  • fruit and vegetables prices increased 5.4 percent.


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

Monthly change

Monthly food prices rose 0.5 percent in August 2023 compared with July 2023. After adjusting for seasonal effects, they were up 0.4 percent.

Month endedActual
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
Jul-23-0.5
Aug-230.5
Month endedSeasonally adjusted
Aug-200.6
Sep-20-0.7
Oct-200.1
Nov-200
Dec-200.3
Jan-21-0.1
Feb-21-0.5
Mar-21-0.4
Apr-211.3
May-210.5
Jun-211.1
Jul-210.5
Aug-210.2
Sep-210.9
Oct-21-0.2
Nov-210.4
Dec-210.6
Jan-221.2
Feb-220.3
Mar-220.5
Apr-220.3
May-220.8
Jun-220.8
Jul-221.4
Aug-221
Sep-220.8
Oct-221.5
Nov-220.9
Dec-221.1
Jan-230.2
Feb-231.9
Mar-230.6
Apr-230.7
May-230.4
Jun-231.1
Jul-23-1.1
Aug-230.4

"Prices for fruit and vegetables such as tomatoes, grapes, cucumbers, and nectarines 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.