Tuesday, 14 June 2016 17:38

Tomatoes, spuds down, lamb up

Written by 
Tomatoes and potatoes influenced the drop in vege prices. Tomatoes and potatoes influenced the drop in vege prices.

Food prices fell 0.5% in May 2016, following a 0.3% rise in April, Statistics New Zealand says.

The fall was mainly influenced by lower fruit and vegetable prices (down 3.7% after seasonal adjustment). Seasonally adjusted food prices fell 0.5% in May 2016.

"Tomatoes and potatoes influenced the drop in vege prices," consumer prices manager Matt Haigh says. "The average price for a kilo of tomatoes fell to $6 in May compared with $6.70 in April."

Meat, poultry and fish prices rose 0.2%, with higher prices for lamb (up 5%). The average price for a kilo of lamb chops was $14.28, up 8% from April 2016.

More like this

Co-op boosts chilled exports to China

Alliance Group has secured greater access for chilled beef exports to China, following approval for two of its processing plants to supply the market.

Featured

Luxon Reveals Updated Ministerial Lineup

Prime Minister Christopher Luxon has announced changes to the ministerial lineup, including a new Minister for the Environment and a new Associate Agriculture Minister.

National

Machinery & Products

Chinese Tractors Eye Western Europe

Having caused quite a stir at last year’s Agritechnica, Chinese manufacturer Zoomlion is reported to be conducting large-scale field trials…

Franz Grimme Turns 80

Franz Grimme recently celebrated his 80th birthday earlier March and continues to be an entrepreneur with passion and pioneering spirit,…

» Latest Print Issues Online

The Hound

What A Choice!

OPINION: If you ask this old mutt, the choice at the next election isn't shaping up as a contest of…

Your Call!

OPINION: A mate of yours says we're long overdue for a reckoning on what value farmers really get for the…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter