A predicted 20% reduction in lambing percentages this spring will compound the decline in sheep numbers and drastically reduce lamb exports for the coming season according to the latest data from Statistics New Zealand.
A 13% jump in fruit and vegetable prices has driven up the latest Food Price Index 2.1% according to data released by Statistics New Zealand. Summer fruit such as tomatoes (+99%) and nectarines (+64%) led the rises, but while June is usually a month of fruit and vegetable price increases, this year the rise of 13% was 45% more than last year’s 9%.
New Zealand’s retail food price index fell 0.1% in the 12 months to the end of May. This follows a monthly increase of 0.3% according to Statistics New Zealand.
Food prices fell 0.2% in the December month, and were down 1.0% on a year earlier, according to Statistics New Zealand. Lower prices in the December month for non-alcoholic beverages (down 2.8%) offset a rise in meat, poultry, and fish prices (up 0.9%).
Food prices in New Zealand fell one percent in the year ending December 31, 2012, according to Statistics New Zealand’s Food Price Index. This is a largest fall since the year to July 2012, and has now fallen seven times in the last eight months.
The prediction of further falls in dairy industry export returns headlined by Fonterra last week has been reinfocred by the latest data from Statistics New Zealand showing dairy prices as the main cause of a 2.6 erosion in the nation’s terms of trade.
Statistics New Zealand’s latest retail data shows that hospitality has rebounded from the last couple of poor trading years with a moderate increase in spending in June.
Statistics New Zealand data shows that the June food price index fell a further 0.2% on the same month in 2011. This follows a similar fall in May, thanks primarily to declining dairy and meat prices.
Statistics New Zealand’s Food Price Index climbed again in March, up 0.2% on March 2011.
Inland Revenue has released its first group of benchmarks for 16 industries, including cafes, restaurants, electrical services, painting and decorating, taverns and bars.
New data released by Statistics New Zealand shows that New Zealand’s alcohol consumption remains static in spite of media acclamations of increasing abuse.
The November 2011 Food Price Index rose 1.9% over that of the previous November, according to the latest release from Statistics New Zealand