Stats NZ has released the January 2023 Food Price Index, highlighting a 10.3 percent annual increase from January 2022. The monthly change saw prices up 1.7 percent from December 2022.
Compared to January 2022, grocery items were up 11 percent, restaurant meals and ready-to-eat food was up 8.3 percent, fruit and vegetables were up 16 percent, meat, poultry, and fish were up 9.2 percent, and non-alcoholic beverages were up 7.1 percent.
“Increasing prices for cheddar cheese, barn or cage-raised eggs, and potato chips were the largest drivers within grocery food,” said James Mitchell, Consumer Prices Manager.
