14 Apr 2022

Why is food so expensive?

From Nine To Noon, 9:05 am on 14 April 2022
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Photo: 123rf

Food prices were 7.6 percent higher than in March last year, the highest annual rise in food prices in ten-years.

The last time food prices rose so much in a year was July 2011  - that rise was 7.9 percent but was influenced by the rise in GST the previous year.

Stats NZ recorded increases in every food price category it measures - the most dramatic - an 18 percent increase in the price of fruit and vegetables.

Kathryn speaks with Stats NZ Senior Manager for pricing , social and population insights, Aaron Beck.