Food costs soar in New Zealand: see how prices have changed with this interactive chart
Groceries are up 12.1% year on year, with eggs, yoghurt and pastry products among items recording staggering increases
New Zealanders are facing steep price increases for basic food products such as eggs, yoghurt and potatoes, while supermarket profits are sky-high and the recession is predicted to deepen.
Government data released on Monday shows New Zealand’s food prices have gone up 12.1% year on year. Fresh food has been affected the most of all, with the biggest increases for fruit and vegetables – up 22% – and grocery items up 14%. Some staples have gone through the roof: eggs are up 63% year on year, and yoghurt is up 21.7%. Pastry products are up 17.6%, poultry 15.2%.
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