Vegetable prices fell for the fourth consecutive month in December 2016, led by cabbage, broccoli, and cauliflower, Statistics New Zealand said.
“This seasonal movement is expected as we move through summer – December 2016 has been the cheapest month for these kinds of vegetable for the past five years,” consumer prices manager Matt Haigh said. “Citrus fruits are also following their seasonal trend, rising 11 percent in December 2016.”
Overall, food prices fell 0.8 percent in December 2016. Lower food prices were seen across most food items in December 2016, with non-alcoholic beverages falling 3.1 percent. After seasonal adjustment, food prices fell 0.5 percent.
Despite the seasonal decrease, food prices increased by 0.6 percent in 2016 up to December 2016, led by vegetables, milk, and butter.
Milk rose 6.1 percent in 2016, to $3.32 for two litres, and butter rose 34 percent, to $4.12 for a 500g block.