Monday, 14 February 2022 11:17

Highest monthly food price increase in five years

Written by  Staff Reporters
Statistics NZ say food prices have rose by 2.7% in January 2022. Statistics NZ say food prices have rose by 2.7% in January 2022.

Monthly food prices rose 2.7% in January 2022, the highest monthly rise since January 2017, says Statistics NZ.

After removing regular seasonal impacts, food prices rose 1.1%. Fruit prices were up 2.7% and vegetable prices were up 5.9%.

“Food prices often increase in January,” says consumer prices manager Katrina Dewbery.

“However, prices increased by more than usual this January,” she says.

In January 2021, monthly food prices rose 1.3%, and in January 2020 they rose 2.1%, both before removing the impact for seasonality.

In January 2022, higher fruit and vegetable prices were the main contributor to the monthly rise, up 9.9%.

There were higher prices for broccoli, lettuce, apples, strawberries, and kiwifruit. These were partially offset by lower prices for beans, grapes, and courgettes.

Annual food prices also rose, up 5.9% on their January 2021 average.

This marks the biggest annual increase since August 2011.

The main contributor to this increase was higher prices for tomatoes.

“The average price of 1kg of tomatoes was $7.29 in January 2022,” Dewbery says.

“This compares with $2.94 in January 2021 and $3.35 in January 2020.”

Fruit and vegetable prices were 15% higher in January 2022 than they were in January 2021.

As well as higher prices for tomatoes, there were higher prices for broccoli and lettuce, which were partly offset by cheaper prices for kumara, kiwifruit, and avocado.

More like this

Food prices dip slightly but still high

Food prices in New Zealand were 6.3% higher than a year ago but were cheaper in October 2023 than they were a month earlier, according to figures from Stats NZ.

Deafening silence

OPINION: This old mutt notes that the latest figures from Stats NZ show that in the quarter ending December 2022, the country’s ag sector decreased its emissions by 1.3% (132 kilotonnes).


Editorial: Fonterra's U-turn

OPINION: Speaking at the Chinese Business Summit in Auckland last week, Fonterra chief exuecutive Miles Hurrell revealed that his phone was running hot over the weekend.

A winner's view

Kingi Smiler, the chair of Wairarapa Moana ki Pouakani (WMI), said after winning the Ahuwhenua Trophy he was both elated and relieved and added it was a tough competition being up against Whakatohera Māori Board.

Farm 4 is number one!

A dairy farm near the settlement of Mangakino has won the prestigious Ahuwhenua Trophy for the top Māori dairy farm for 2024.


Machinery & Products

More horsepower for Puma

Case IH's introduction of AFS Connect, an option for its high horsepower tractor ranges, has now been rolled out across…

EU tractor sales hit the brakes

According to numbers sourced from national authorities, 151,800 tractors were registered across Europe in 2023, of which 26,200 tractors (17%)…

GPS in control

In a move that will make harvesting operations easier, particularly in odd-shaped paddocks, Kuhn has announced that GPS section control…

» Latest Print Issues Online

The Hound

True colours

OPINION: The watermelon party (AKA the Greens) try to portray themselves as an upright, self-righteous, caring bunch of woke, bicycle-riding…

Peace at last?

OPINION: Good news for hunters as Forest & Bird have "paused" legal action against the Fiordland Wapiti Foundation and agreed…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter