Grocery prices steady, but butter soars

Last updated 05:00 15/06/2013

Relevant offers

Money

Rob Stock: 'Oh, what a lovely war!' Blowing Bubbles: Remember that time house prices went tumbling all across NZ? David Slack: Hold my beer while I fix this housing crisis The plan to make bank watchdogs of us all Investments register ‘almost impossible to use’ Budget Buster: Forget gift cards - give cold, hard cash this Christmas Blowing Bubbles: Where the housing bubble has blown up the biggest Blowing Bubbles: After the boom, an opening in the Wellington housing market Blowing Bubbles: Inside the auction room of NZ's hottest property market Blowing Bubbles: Cashed-up buyers still out in force at Auckland autions

Lettuce and cucumber prices jumped sharply in May as colder weather hit production.

Butter and sausages also rose sharply, but overall food prices rose just 0.3 per cent in May. Compared with a year ago, overall food prices were down 0.1 per cent, Statistics New Zealand figures show.

In May, lettuces rose 38 per cent and cucumbers 110 per cent. Vegetables rose 6 per cent for May, but fruit was down 2.6 per cent with cheaper kiwifruit and mandarins. May grocery prices were generally flat, but butter was up 27 per cent.

Ad Feedback

- BusinessDay

Special offers

Featured Promotions

Sponsored Content