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Food Price Index: March 2017
Embargoed until 10:45am  –  13 April 2017
Key facts

Monthly change

Food prices fell 0.3 percent in the March 2017 month. After seasonal adjustment, food prices fell 0.4 percent.

In March 2017 compared with February 2017:

  • Fruit and vegetable prices fell 3.0 percent (down 2.0 percent after seasonal adjustment).
  • Meat, poultry, and fish prices rose 0.3 percent.
  • Grocery food prices rose 0.2 percent (up 0.2 percent after seasonal adjustment).
  • Non-alcoholic beverage prices fell 0.4 percent.
  • Restaurant meals and ready-to-eat food prices rose 0.1 percent.

Annual change

Food prices increased 1.3 percent in the year to March 2017.

In March 2017 compared with March 2016:

  • Fruit and vegetable prices increased 2.6 percent.
  • Meat, poultry, and fish prices decreased 1.5 percent.
  • Grocery food prices increased 2.2 percent.
  • Non-alcoholic beverage prices decreased 0.7 percent.
  • Restaurant meals and ready-to-eat food prices increased 2.1 percent.

Key average prices

  • The average price of the cheapest available two litres of blue-top milk was $3.50 in March 2017, compared with $3.49 in February 2017 and $3.28 in March 2016.
  • The average price for a 500g block of butter was $4.57 in March 2017, compared with $4.58 in February 2017 and $3.59 in March 2016.
  • The average price for a kilogram of apples was $2.88 in March 2017, compared with $4.40 in February 2017 and $2.67 in March 2016.

Liz MacPherson, Government Statistician
ISSN 1178-0282
13 April 2017

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