FOREX TradingCharts.com

Financial News: New Zealand Food Prices Advance 0.5% In March

New Zealand Food Prices Advance 0.5% In March

04/10/2019 - 19:45:00 (RTTNews)

(RTTNews) - Food prices in New Zealand climbed an unadjusted 0.5 percent on month in March, Statistics New Zealand said on Thursday - following the 0.4 percent gain in February.

Seasonally adjusted food prices were flat in March.

Fruit and vegetable prices rose 3.7 percent (up 1.9 percent after seasonal adjustment) in March, while meat, poultry, and fish prices fell 1.3 percent, grocery food prices rose percent 0.6 percent, non-alcoholic beverage prices fell 0.6 percent and restaurant meals and ready-to-eat food prices rose 0.2 percent.

Avocado prices more than doubled in March compared with February.

"Avocado prices usually rise early in the year, and reach their highest levels around June," consumer prices manager Gael Price said. "However, this March's increase was much bigger than usual. Avocado prices were NZ$4.29 per 200g avocado, up from NZ$3.12 per 200g in March 2018."

Tomatoes cost an average of NZ$5.20 a kilo in March 2019, 44 percent higher than February 2019 and 12 percent higher than March 2018.

Bacon prices were 2.7 percent higher in March 2019. The average price for a 700g middle rasher from the supermarket was NZ$11.01 in March compared with NZ$10.71 in February.

Bread prices rose 1.1 percent in March. Egg prices also rose 0.4 percent in March 2019, 9.0 percent higher than March 2018.

Food prices increased 1.2 percent in the year ended March 2019.

Fruit and vegetable prices decreased 2.6 percent on year, while meat, poultry, and fish prices increased 0.9 percent, grocery food prices increased 1.4 percent, non-alcoholic beverage prices increased 2.1 percent and restaurant meals and ready-to-eat food prices increased 2.9 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New Zealand Credit Card Spending Data Due On Tuesday (04 hr(s), 32 min(s), 27 sec(s) ago)
(RTTNews) - New Zealand will on Tuesday release March numbers for credit card spending, highlighti ...Full Story»

U.S. Existing Home Sales Pull Back More Than Expected In March (12 hr(s), 12 min(s), 27 sec(s) ago)
(RTTNews) - A report released by the National Association of Realtors on Monday showed a significa ...Full Story»

Taiwan Jobless Rate Falls Slightly In March (15 hr(s), 11 min(s), 27 sec(s) ago)
(RTTNews) - Taiwan's unemployment rate fell slightly in Mach, the Directorate General of Budge ...Full Story»

Turkey Consumer Confidence At 8-Month High (15 hr(s), 14 min(s), 27 sec(s) ago)
(RTTNews) - Turkey consumer confidence rose to the highest pace in eight months in April, figures ...Full Story»

Estonia Producer Price Inflation Slows In March (15 hr(s), 16 min(s), 27 sec(s) ago)
(RTTNews) - Estonia's producer price inflation slowed in March, data from Statistics Estonia s ...Full Story»

Japan Convenience Store Sales Data Due On Monday (04 hr(s), 29 min(s), 27 sec(s) ago)
(RTTNews) - Japan will on Monday see convenience store sales data for March, highlighting a light ...Full Story»

U.S. Housing Starts Unexpectedly Dip 0.3% In March (13 hr(s), 43 min(s), 27 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday unexpectedly showed a modest de ...Full Story»

Japan Overall Inflation +0.5% On Year In March (02 hr(s), 52 min(s), 27 sec(s) ago)
(RTTNews) - Overall nationwide consumer prices in Japan were up 0.5 percent on year in March, the ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New Zealand Credit Card Spending Data Due On Tuesday

04/22/2019 - 18:00 PM (RTTNews)
(RTTNews) - New Zealand will on Tuesday release March numbers for credit card spending, highlighti ...Full Story>>

U.S. Existing Home Sales Pull Back More Than Expected In March

04/22/2019 - 10:20 AM (RTTNews)
(RTTNews) - A report released by the National Association of Realtors on Monday showed a significa ...Full Story>>

Taiwan Jobless Rate Falls Slightly In March

04/22/2019 - 07:21 AM (RTTNews)
(RTTNews) - Taiwan's unemployment rate fell slightly in Mach, the Directorate General of Budge ...Full Story>>

Turkey Consumer Confidence At 8-Month High

04/22/2019 - 07:18 AM (RTTNews)
(RTTNews) - Turkey consumer confidence rose to the highest pace in eight months in April, figures ...Full Story>>

Estonia Producer Price Inflation Slows In March

04/22/2019 - 07:16 AM (RTTNews)
(RTTNews) - Estonia's producer price inflation slowed in March, data from Statistics Estonia s ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.