Monday, 13 September 2021 11:11

Meat pushes food prices to fifth consecutive rise

Written by Staff Reporters

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Meat, poultry and fish prices rose 1.3% in August 2021.

Food prices rose 0.3% in August 2021 compared with the previous month, mainly influenced by higher prices for meat, poultry, and fish, Statistics New Zealand (Stats NZ) have announced.

The rises in food prices for August, while modest, mark a fifth consecutive monthly rise.

Meat, poultry and fish prices were up 1.3% in August.

This was mainly influenced by higher prices for roasting pork (up 11%), sausages (up 3.5%), lamb chops (up 5.4%) and porterhouse and sirloin steak (up 2.3%).

This was partially offset by lower prices for chicken, which were down 3.3%.

“Covid-19 restrictions had a minimal effect on price collection in August,” says Stats NZ consumer prices manager Katrina Dewbery.

Fruit and vegetable prices also increased in August, up 0.4%. This was largely due to higher prices for tomatoes (up 16%) and grapes (up 32%).

However, after adjusting for seasonal effects, fruit and vegetable prices fell by 0.2%.

“The weighted average price of both tomatoes and grapes rose sharply to $15.79 and $11.52 per kilogram, respectively,” Dewbery says.

“The prices of tomatoes previously peaked at $13.65 in August 2020, while grape prices peaked at $10.61 in November 2020,” Dewbery says.

These rises were partly offset by falling prices for broccoli (down 26%), strawberries (down 19%), capsicums (down 12%), and avocados (down 21%).

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