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%.
Here, you can see the price changes over time for all the food items and groups tracked by Stats NZ.
