Petrol And Diesel Prices Down Again In June

Petrol and diesel prices both decreased from May 2026 to June 2026, according to figures released by Stats NZ today.

Petrol prices were down 4.2 percent, while diesel prices decreased 12.1 percent.

“Fuel prices remained high in June but decreased for a second consecutive month, following increases in March and April,” prices and deflators spokesperson Nicola Growden said.

In the 12 months to June 2026, prices for these two fuel types increased – petrol was up 23.6 percent and diesel up 57.1 percent.

Annual food prices increase 2.5 percent

Food prices increased 2.5 percent in the 12 months to June 2026, following a 3.2 percent rise in the 12 months to May 2026.

All food groups recorded price increases between June 2025 and June 2026. The meat, poultry, and fish group, up 6.2 percent, was the largest contributor to the annual increase in food prices. This was followed by restaurant meals and ready-to-eat food, up 3.1 percent annually.

The largest contributor to the annual increase was standard 2-litre milk prices.

“Annually, milk prices have increased every month for the last two years,” Growden said.

“In June 2024, the average 2-litre bottle of milk cost $4.00. In June 2026, it cost $5.04.”

Price increases were also recorded for dine-in lunch/brunch, takeaway coffee, and porterhouse/sirloin beef.

Price decreases were recorded for tomatoes, fresh eggs, and olive oil.

Monthly food prices up 0.6 percent in June

Food prices increased 0.6 percent between May 2026 and June 2026. The fruit and vegetables group contributed the most to the monthly increase, up 2.3 percent, followed by grocery food, up 0.4 percent.

Price increases were recorded for tomatoes, boxed chocolates, cucumbers, and capsicums.

Price decreases were recorded for avocados, chocolate blocks, and chicken pieces (excluding breast).