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Tomatoes and strawberries relatively cheap at the moment

New Zealand food prices ease in November

This November, New Zealand food prices fell. The largest drop was seen with strawberries, their prices tumbling 33 percent on the month and 5 percent compared to this time last year. Food prices fell 0.6 percent versus October and after seasonal adjustment were down 0.2 percent, according to Statistics New Zealand.

Fruit and vegetable prices fell 3.6 percent. While strawberry prices fell, banana prices rose 17 percent over the month due to a delayed shipment, which reduced supply and pushed up prices.

“Bananas are a consistently cheap, versatile fruit that’s available all year round,” consumer prices manager Geraldine Duoba said. “This makes them New Zealand’s most popular fruit, making up about 17 percent of all spending on fruit.”

Grocery food prices were flat, restaurant meals and ready-to-eat food prices, meanwhile, rose 0.2 percent. Over the year, food prices lifted 0.4 percent, weighed by a 6.7 percent fall in fruit and vegetable prices.

Tomatoes and strawberries were 18 percent and 5 percent cheaper, respectively, in November 2018 than they were a year ago, Stats NZ said. “Now is a really good time to buy tomatoes, as well as broccoli and lettuce,” Duoba said. “Prices for these vegetables tend to stay low as we head into summer.”

Source: scoop.co.nz


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