Source: MIL-OSI Submissions
Food prices increase 7.4 percent annually – Media release
12 August 2022
Food prices were 7.4 percent higher in July 2022 compared with July 2021, Stats NZ said today.
In July 2022, the annual increase was due to rises across all the broad food categories that we measure. Compared with July 2021:
- grocery food prices increased by 7.5 percent
- restaurant meals and ready-to-eat food prices increased by 6.6 percent
- fruit and vegetable prices increased by 10 percent
- meat, poultry, and fish prices increased by 7.7 percent
- non-alcoholic beverage prices increased by 4.6 percent.
Grocery food was the largest contributor to the movement.
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