Annual food prices increase 12.5 percent

Food prices were 12.5 percent higher in April 2023 than they were in April 2022, according to figures released by Stats NZ today.

“The 12.5 percent annual increase in April 2023 was the largest since September 1987 which included the introduction of GST in 1986,” consumer prices manager James Mitchell said.

Month endedPercentage change
Jan-8717.1
Feb-8716.3
Mar-8716.3
Apr-8716.1
May-8717.5
Jun-8717.7
Jul-8718.1
Aug-8715.8
Sep-8714.9
Oct-874.7
Nov-874.3
Dec-874.6
Jan-886.4
Feb-886.3
Mar-887
Apr-886.3
May-885.3
Jun-885.6
Jul-885.1
Aug-885.8
Sep-885.6
Oct-886.6
Nov-887
Dec-886.8
Jan-894.4
Feb-895.6
Mar-894.1
Apr-894.6
May-895.9
Jun-896.3
Jul-8910.4
Aug-8911.8
Sep-8912.4
Oct-8911.7
Nov-8911.3
Dec-8911.2
Jan-9011.8
Feb-909.9
Mar-9011
Apr-9011.4
May-9010.7
Jun-9010
Jul-906
Aug-904.9
Sep-904.6
Oct-903.3
Nov-903.2
Dec-903.3
Jan-913.9
Feb-913.5
Mar-912.7
Apr-911.3
May-911.2
Jun-910.5
Jul-910.7
Aug-910.4
Sep-91-0.6
Oct-91-1
Nov-91-0.7
Dec-91-0.8
Jan-92-1.3
Feb-92-0.5
Mar-92-0.9
Apr-92-1
May-92-0.8
Jun-92-0.6
Jul-92-0.3
Aug-920.4
Sep-921
Oct-921.9
Nov-921.5
Dec-921.8
Jan-932.9
Feb-933.1
Mar-932.1
Apr-932.3
May-931.3
Jun-930.7
Jul-931
Aug-930.6
Sep-930
Oct-930.1
Nov-930.1
Dec-93-0.3
Jan-94-0.9
Feb-94-0.3
Mar-940.2
Apr-94-0.1
May-94-0.2
Jun-940.4
Jul-94-0.1
Aug-94-0.3
Sep-94-0.5
Oct-940.3
Nov-940.3
Dec-941.8
Jan-951.3
Feb-950.4
Mar-950.9
Apr-951.9
May-953.5
Jun-952.2
Jul-950.8
Aug-950.7
Sep-951
Oct-950.4
Nov-951.8
Dec-950.6
Jan-960.3
Feb-96-0.1
Mar-960.5
Apr-960.5
May-960
Jun-961.1
Jul-962.2
Aug-962.4
Sep-963.1
Oct-963.2
Nov-962.1
Dec-961.7
Jan-972.4
Feb-972.7
Mar-973.6
Apr-973.4
May-971.7
Jun-972
Jul-972.7
Aug-972
Sep-971.3
Oct-971
Nov-970.9
Dec-971.8
Jan-982.1
Feb-982.7
Mar-982.2
Apr-982.7
May-982.6
Jun-982.8
Jul-982.8
Aug-984.2
Sep-984.2
Oct-984.4
Nov-984.3
Dec-983.6
Jan-993.6
Feb-993.9
Mar-992.4
Apr-991.7
May-992.4
Jun-991.4
Jul-991.1
Aug-99-0.6
Sep-99-0.3
Oct-99-1.2
Nov-99-0.3
Dec-99-0.5
Jan-001.1
Feb-00-1.1
Mar-00-0.2
Apr-00-0.7
May-00-0.2
Jun-001.7
Jul-001.4
Aug-002
Sep-002
Oct-002.9
Nov-003.5
Dec-004.8
Jan-014
Feb-015.7
Mar-015.1
Apr-016
May-016.2
Jun-015.7
Jul-015.8
Aug-016.3
Sep-017.8
Oct-017.7
Nov-016.7
Dec-015.8
Jan-025.6
Feb-024.5
Mar-025.5
Apr-025.2
May-024
Jun-023
Jul-023.3
Aug-023
Sep-021.4
Oct-021.7
Nov-021.2
Dec-020.6
Jan-030
Feb-030.6
Mar-03-0.3
Apr-03-0.7
May-030.8
Jun-030.6
Jul-030.7
Aug-030.2
Sep-030
Oct-03-0.3
Nov-030.4
Dec-030.6
Jan-04-0.2
Feb-040.1
Mar-041.5
Apr-041.7
May-040.5
Jun-040.9
Jul-04-0.1
Aug-040.4
Sep-041.3
Oct-041.1
Nov-040.8
Dec-041.2
Jan-051.8
Feb-051.7
Mar-051.1
Apr-050.4
May-051.4
Jun-051.5
Jul-052.1
Aug-052
Sep-050.9
Oct-051.1
Nov-051.5
Dec-052.2
Jan-062.3
Feb-061.1
Mar-061.8
Apr-061.9
May-061.8
Jun-062.9
Jul-063.4
Aug-063.4
Sep-063.9
Oct-064
Nov-063.8
Dec-062.7
Jan-073.4
Feb-074.5
Mar-073.3
Apr-074.3
May-074.1
Jun-073
Jul-073.4
Aug-073.4
Sep-073.4
Oct-073.6
Nov-073.9
Dec-075.4
Jan-084.4
Feb-085.2
Mar-086
Apr-086
May-086.8
Jun-088.2
Jul-087.6
Aug-0810.6
Sep-0810.8
Oct-089.9
Nov-0810.3
Dec-089.1
Jan-099.5
Feb-098.8
Mar-098.6
Apr-097.6
May-096.8
Jun-098.4
Jul-098.4
Aug-094.6
Sep-093.3
Oct-092
Nov-090.9
Dec-090.9
Jan-102.2
Feb-100.7
Mar-100.3
Apr-100.4
May-10-0.5
Jun-10-2
Jul-10-1
Aug-10-0.2
Sep-101.3
Oct-105.1
Nov-104.8
Dec-104.2
Jan-113.8
Feb-115.3
Mar-115.5
Apr-116.1
May-117.4
Jun-117.5
Jul-117.9
Aug-116.6
Sep-114.7
Oct-111.1
Nov-111.9
Dec-112.9
Jan-120
Feb-12-0.3
Mar-120.4
Apr-120.6
May-12-0.2
Jun-120.1
Jul-121.5
Aug-121.7
Sep-120.5
Oct-120.9
Nov-12-0.1
Dec-120.4
Jan-131.3
Feb-131.1
Mar-130.8
Apr-131.2
May-131.8
Jun-131.7
Jul-131.1
Aug-130.4
Sep-131.4
Oct-131.5
Nov-132.1
Dec-132
Jan-140.9
Feb-141.1
Mar-141.5
Apr-142.2
May-142.3
Jun-141.1
Jul-141.8
Aug-141.9
Sep-141.8
Oct-142.9
Nov-143.4
Dec-143.4
Jan-153.9
Feb-154
Mar-153.8
Apr-152.7
May-153.4
Jun-154.5
Jul-153.3
Aug-154.3
Sep-154.1
Oct-153
Nov-153.4
Dec-153.4
Jan-163.4
Feb-163.6
Mar-163.9
Apr-165.4
May-164.4
Jun-165.2
Jul-166
Aug-166
Sep-166.8
Oct-168.2
Nov-167.6
Dec-1610.6
Jan-1710.8
Feb-179.9
Mar-1710.3
Apr-179.1
May-179.5
Jun-178.8
Jul-178.6
Aug-177.6
Sep-176.8
Oct-178.4
Nov-178.4
Dec-174.6
Jan-183.3
Feb-182
Mar-180.9
Apr-180.9
May-182.2
Jun-180.7
Jul-180.3
Aug-180.4
Sep-18-0.5
Oct-18-2
Nov-18-1
Dec-18-0.2
Jan-191.3
Feb-195.1
Mar-194.8
Apr-194.2
May-193.8
Jun-195.3
Jul-195.5
Aug-196.1
Sep-197.4
Oct-197.5
Nov-197.9
Dec-196.6
Jan-204.7
Feb-201.1
Mar-201.9
Apr-202.9
May-202.9
Jun-204.1
Jul-204.2
Aug-204.2
Sep-203.1
Oct-202.7
Nov-202.6
Dec-202.9
Jan-212.1
Feb-211.2
Mar-210.5
Apr-210.7
May-211.8
Jun-212.8
Jul-212.8
Aug-212.4
Sep-214
Oct-213.7
Nov-214
Dec-214.5
Jan-225.9
Feb-226.8
Mar-227.6
Apr-226.4
May-226.8
Jun-226.6
Jul-227.4
Aug-228.3
Sep-228.3
Oct-2210.1
Nov-2210.7
Dec-2211.3
Jan-2310.3
Feb-2312
Mar-2312.1
Apr-2312.5

In April 2023, the annual increase was due to rises across all the broad food categories Stats NZ measures. Compared with April 2022:

  • grocery food prices increased by 14.0 percent
  • fruit and vegetables prices increased by 22.5 percent
  • restaurant meals and ready-to-eat food prices increased by 9.0 percent
  • meat, poultry, and fish prices increased by 9.5 percent
  • non-alcoholic beverage prices increased by 8.0 percent.

“Increasing prices for barn or cage-raised eggs, potato chips, and 6-pack yoghurt were the largest drivers within grocery food,” Mitchell said. “These were the same drivers for grocery food last month.”

The second-largest contributor to the annual movement was fruit and vegetables. The increase was driven by tomatoes, avocados, and potatoes.

Monthly change

Monthly food prices rose 0.5 percent in April 2023 compared with March 2023. After adjusting for seasonal effects, they were up 0.8 percent.

Month endedActual
Apr-201
May-20-0.8
Jun-200.5
Jul-201.2
Aug-200.7
Sep-20-1
Oct-20-0.7
Nov-20-0.9
Dec-200.1
Jan-211.3
Feb-21-0.9
Mar-210
Apr-211.1
May-210.4
Jun-211.4
Jul-211.3
Aug-210.3
Sep-210.5
Oct-21-0.9
Nov-21-0.6
Dec-210.6
Jan-222.7
Feb-22-0.1
Mar-220.7
Apr-220.1
May-220.7
Jun-221.2
Jul-222.1
Aug-221.1
Sep-220.4
Oct-220.8
Nov-220
Dec-221.1
Jan-231.7
Feb-231.5
Mar-230.8
Apr-230.5
Month endedSeasonally adjusted
Apr-201.2
May-20-0.8
Jun-200.2
Jul-200.4
Aug-200.5
Sep-20-0.6
Oct-200.2
Nov-200.1
Dec-200.3
Jan-21-0.1
Feb-21-0.5
Mar-21-0.4
Apr-211.4
May-210.4
Jun-211.1
Jul-210.3
Aug-210.1
Sep-211.0
Oct-21-0.1
Nov-210.5
Dec-210.7
Jan-221.2
Feb-220.4
Mar-220.4
Apr-220.4
May-220.7
Jun-220.9
Jul-221.1
Aug-220.9
Sep-221.0
Oct-221.6
Nov-221.1
Dec-221.2
Jan-230.2
Feb-232.0
Mar-230.5
Apr-230.8

Restaurant meals and ready-to-eat food increased by 1.7 percent and was the largest contributor to the monthly food price increase.

“Higher prices for dining out and takeaway coffee drove the increase in restaurant meals and ready-to-eat food,” Mitchell said.

/Stats NZ Public Release. View in full here.