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Food Price Index: March 2016
Embargoed until 10:45am  –  13 April 2016
Key facts

Monthly change

Food prices rose 0.5 percent in the March 2016 month. After seasonal adjustment, food prices rose 0.8 percent.

In March 2016 compared with February 2016:

  • Fruit and vegetable prices rose 1.9 percent (up 4.6 percent after seasonal adjustment).
  • Meat, poultry, and fish prices fell 0.2 percent.
  • Grocery food prices rose 0.3 percent (up 0.4 percent after seasonal adjustment).
  • Non-alcoholic beverage prices rose 1.9 percent.
  • Restaurant meals and ready-to-eat food prices rose 0.1 percent.

Annual change

Food prices decreased 0.1 percent in the year to March 2016.

In March 2016 compared with March 2015:

  • Fruit and vegetable prices rose 3.6 percent.
  • Meat, poultry, and fish prices fell 0.6 percent.
  • Grocery food prices fell 2.7 percent.
  • Non-alcoholic beverage prices rose 1.0 percent.
  • Restaurant meals and ready-to-eat food prices rose 1.9 percent.

 Average prices

  • The average price for a kilogram of porterhouse steak was $30.37 in March 2016, compared with $27.28 in March 2015.
  • The average price for a kilogram of beef mince was $13.87 in March 2016, compared with $12.58 in March 2015.
  • The average price of the cheapest available 2 litres of blue-top milk was $3.28 in March 2016, compared with $3.63 in March 2015.

Liz MacPherson, Government Statistician
ISSN 1178-0282
13 April 2016

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