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Capsicum prices up as vegetables lead rise in New Zealand food prices - hortidaily.com

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Capsicum prices hit an all-time high of $24 per kilogram in June as vegetables lead a sharp increase in food prices. According to Stats NZ, vegetable prices made their biggest rise in more than four years last month, pushing overall food prices up 1.4 per cent. Vegetable prices rose 15 per cent, driven by higher prices for tomatoes, cucumbers, lettuce, capsicum, and broccoli. After adjusting for seasonal effects, vegetable prices were up 8.5 per cent.

Stats NZ consumer prices manager Matthew Stansfield said prices for many vegetables typically rose in winter. He told stuff.co.nz: “However, we are seeing larger rises than usual for this time of the year and for a greater number of vegetables.” Stansfield said higher freight costs for imported vegetables and the effect of Covid-19 on growers’ ability to find pickers had contributed to the increases.

“With some vegetables, like tomatoes, decisions about the next season are made well in advance. There was a lot of uncertainty for tomato growers last year and that has influenced how much was planted and plans for the volume of imports.”

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