Meat, produce dearer; cakes, sweets cheaper

Grocery bills continue to get slightly more bearable, with expensive meat and produce offset by cheaper cakes and candy, new figures show.

The food price index fell 0.3 per cent in March following a 1 per cent fall in February, according to Statistics New Zealand.

Grocery prices have fallen to their lowest level since last August as cake and biscuit prices, along with confectionary, nuts and snacks, both dropped 3.5 per cent.

Today's figures showed meat, poultry and fish prices rose 0.9 per cent in March.

Restaurant meals and ready-to-eat food prices rose 0.4 per cent in March, and were up 1.9 per cent in the year, driving an annual food price gain of 1.2 per cent.

Fruit and vegetable prices rose 0.5 per cent last month, despite cheaper apples and kumara. Overall, produce prices rose 1.5 per cent over the last year, with more expensive tomatoes, oranges and mandarins.

 

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