Food prices

May 14th, 2013 at 1:00 pm by David Farrar

The April Food Price Index is out.

  • down 0.2% on a year ago
  • Food prices up 7.4% since Dec 2008, over four and a third years.
  • Food prices increased 14.2% in the four years and four months to Dec 2008
  • Fruit and veges have increased only 4.3% since Dec 2008
  • Fruit and veges increased 20.6% in the four years and four months to Dec 2008

It seems the best way to keep the price of fruit and vegetables down has nothing to do with silly policies about removing GST on them.

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13 Responses to “Food prices”

  1. Harriet (4,497 comments) says:

    Child Poverty? There goes the election! :cool:

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  2. tamati (69 comments) says:

    Remember that the CPI always over estimates the actual growth in food prices for consumers. Substitution bias occurs, as consumers naturally choose to buy cheaper seasonal fruit and veges rather buying exactly the same fruit and veges all year round.

    Why buy Tomatoes in July for $15 a kg, when Broccoli is so much cheaper this time of the year?

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  3. gravedodger (1,509 comments) says:

    Tuatara will now call for an inquiry as to how those figures were massaged.

    Cripes everyone knows its not true.

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  4. mandk (816 comments) says:

    but, but, but …!
    These must be shonky numbers.
    Don’t you realise, only socialists care about the poor?

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  5. Grizz (500 comments) says:

    I guess this also includes the 2.2% rise when GST was increased. I am waiting for the rising food prices campaign to kick off again.

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  6. Grizz (500 comments) says:

    @tamati

    Do not give away secrets. Why make a garden Salad in July when you can make coleslaw instead when it better suits the season.

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  7. flipper (3,537 comments) says:

    The figures quoted cannot be correct, can they?

    Why?

    Because they show all the MSM /red melon /labour claims are a load of codswollop.

    So does that make a dozen items of pre-budget good news?

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  8. david (2,531 comments) says:

    Its a dodgy deal for te benefit of John Key’s carrot-grower mates. The Green Party pledge to legislate to reverse these trends when we become Government in 2014. Please also sign the petition calling for a single seller of fruit and veges to be inserted in the market – look out for the person dressed as a brown onion next time you are in the mall – that’ll be Tuatara in her working clobber asking for your support. Go Green

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  9. Prince (90 comments) says:

    Whatever happened to John Campbell’s Supermarket couple ?

    Can we expect nightly interviews with starving growers and retailers ?

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  10. Psycho Milt (2,253 comments) says:

    Looks like food prices stop rising when the economy’s in trouble. So, all we need is a government that will keep us on the verge of recession – are any of the parties promising to do that? NZ First maybe?

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  11. Cunningham (811 comments) says:

    Psycho Milt (1,339) “Looks like food prices stop rising when the economy’s in trouble” haha you should work at BERL with a statement like that! They like making shit up as well.

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  12. mandk (816 comments) says:

    @ Psycho Milt
    Aptly named.
    Your comment exemplifies the fact that some people find good economic news so unpalatable that they have to weave an alternative reality out of it.
    On everyone else’s planet, the NZ economy is looking reasonably good (or very good, if you take account of global economic turmoil) and there is zero food price inflation.

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  13. alloytoo (431 comments) says:

    THE END IS NIGH……or not.

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