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NZ apple prices continue to fall from January peak

Apple prices were $2.88 a kilogram in March, down more than $2.00 since hitting a record high in January, Stats NZ said today. Overall, food prices fell 0.3 percent in March, mainly due to lower fruit and vegetable prices.



Fruit and vegetable prices were down 3.0 percent due to seasonally lower prices for apples and carrots.

“Apple and carrot prices usually fall at this time of the year as we approach the colder months. One kilo of apples cost $2.88 in March compared with $4.40 in February and $5.04 in January,” consumer prices acting manager Nicola Growden said. "Apples remained slightly more expensive than the March 2016 average price of $2.67 a kilo."

Higher prices for avocados and mandarins partly offset the decrease in fruit and vegetable prices.

source: Statistics New Zealand
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