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September 15, 2022 7:00am by David Farrar

Food prices hit a new high

Data from Stats NZ Seasonally Adjusted Monthly Food Price Index

This chart shows the increase in food prices in recent months.

Food prices are 11% higher than at the last election.

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NK

I heard a tomato grower on the radio complaining about the added costs to his business, and therefore to the price of tomatoes. It’s shocking. It all comes back to socialism and Greenism.

I fear the worst is yet to come.

And then that useless idiot Chloe Swarbrick puts something on Facebook about it arguing for handouts and higher taxes to help people out. Nothing on how to increase wealth. She, and her idiotic party, have no idea. None.
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September 15, 2022 7:18am
- I will not surrender
  
  Remember this is what slightly more than half the population wanted.
  
  The rest of you are just along for the ride.
  
  I hope you enjoy your complimentary unicorn.
  
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  September 15, 2022 7:37am
  - Steve Otto(North Shore)
    
    Can’t find anyone who will admit that they voted for the half that are responsible for this – not one
    
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    September 15, 2022 8:05am
    - Steve Otto(North Shore)
      
      Ad: If I can find one, they are going to get a right bolloking. May be that is why they so silent??
      
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      September 15, 2022 8:12am
  - Surely Knott
    
    I had a discussion with a retired tradie last week who still said he votes labour because they care about the poor. Are the poor better off now though?
    
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    September 15, 2022 8:10am
    - Steve Otto(North Shore)
      
      That is the power of years of brainwashing. National or Act is those rich pricks who pay no Tax
      
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      September 15, 2022 8:37am
    - andrewo
      
      I’d guess about a third of the country are tribal Labour. They’d vote for a pig if it had a red rosette on it.
      (Some say they already have…)
      
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      September 15, 2022 8:40am
      - Steve Otto(North Shore)
        
        Too kind. What about a rotten old fencepost nearly falling over – but with a red rosette?
        
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        September 15, 2022 1:55pm
- Tony Stuart
  
  The worst IS yet to come NK. DPF’s graph goes up to May 2022. However heard during the week that food prices rose more than 7% between July 2022 and August 2022 alone.
  
  As for tomatoes, the bloke has a legitimate gripe. Tomatoes grow when there is sufficient sunlight and warmth, i.e. during summer and autumn. It’s bloody expensive to simulate summer growing conditions in a hothouse, so naturally, that is reflected in the price. There have also been growers exiting the industry because of the losses they have suffered in the last couple of years due to not being able to get enough staff to prick and process their crops, a situation not unique to tomato-growers.
  
  And whilst we have all enjoyed a drop in petrol prices over the last few months, that’s not going to last when the Northern Hemisphere heads into winter, so fuel prices will increase again, including when Robertson takes the $0.25/litre off, and that will send ripples through everything. Such is the vicious circle of inflation 🙁
  
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  September 15, 2022 7:38am
  - pdm
    
    Picking tomatoes is the only job I have ever just up and walked off from after doing about half an hour in the paddock.
    
    That would have been in January 1973 in the middle of a sunny Hawkes Bay day at a time when I was a fit 26 year old. They were dwarf tomatoes and I think being picked a day or two later than they should have been.
    
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    September 15, 2022 7:57am
  - Jimbo666
    
    When you buy eggs in Dunedin that originate in Whangarei you know how the prices will not come down any time soon.
    I suppose the Palmerston eggs go to the North Island!
    
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    September 15, 2022 8:33am
    - kowtow
      
      About 20 odd years ago the Luvvies and their darlings in the Media kept going on about “food miles”
      
      That’s quietly been dropped in favour of whatever is the latest catch phrase , sustainability I suppose .
      
      “Food miles” , they must have finally realised their coffee and avocadoes had to have come from a long long way away .
      
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      September 15, 2022 8:49am
    - Steve Otto(North Shore)
      
      Too cold for chooks to lay eggs down there? Frozen arses?
      
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      September 15, 2022 1:58pm
  - Paulus
    
    The Petrol 25 c per litre has still to be reintroduced.
    
    (and the Heating one off concludes very shortly and some peole are complaining about the loss of income).
    
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    September 15, 2022 1:50pm
    - Ghost
      
      I have doubts in an election year she will want to put 25 cent a litre tax back on petrol
      
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      September 15, 2022 1:58pm
      - Steve Otto(North Shore)
        
        Just watch, when Jaspinda knows Labour really is a goneburger
        
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        September 15, 2022 2:01pm
- Bill Felt
  
  “Nothing on how to increase wealth”
  
  I can not think of one policy over the last 5 years that has the ability to increase wealth for NZ. There has been mass redistribution from the productive sector to the unproductive sector. There has been a large increase in the public service the most important part here the increase in Wellington bureaucrats. These factors have led to declining productivity and declining prosperity.
  
  NZ needs a plan to increase country wealth.
  
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  September 15, 2022 7:38am
- Gravelroad
  
  The tomato grower on Te News last night was asked “why is the price of tomatoes so high “ and the answer was that it is because it is still winter and there hasn’t been enough sunlight.
  In other words, tomatoes are currently out of season here.
  Maybe some people who don’t want to eat a hamburger without a slice of tomato in it (which was also included in the report) might think about getting back to the reality of crop growing.
  If you want out of season stuff, whether it be imported or force grown in artificial conditions, then be prepared to pay more it.
  
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  September 15, 2022 7:59am
  - All_on_Red
    
    Lets hope people remember that under National they could afford Tomatoes in winter.
    Now they cant. Along with a lot of other things.
    
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    September 15, 2022 8:33am
- Steve Otto(North Shore)
  
  Cannabis Chloe is an airhead, and so are this who voted for her. All of the money in Auckland Central and that is the best you can come up with? Chloe? Really?
  
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  September 15, 2022 8:08am
- Steve Otto(North Shore)
  
  I saw/read about a broccoli grower at Pukekohe who could not get workers, so the crop is going back in the ground.
  Meanwhile the Govt pays people to sit on their arse.
  
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  September 15, 2022 8:16am
  - Thought Criminal
    
    They’re called “job seekers” and they don’t count in the unemployed total.
    
    Apparently they never need to work and can job seek forever.
    
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    September 15, 2022 9:25am
    - Nickc2
      
      Are they the ones that do Ram Raids until they are old enough to get the Job Seeker’s Benefit? Then, once in receipt of the Benefit, they can manage those of their ilk who are still serving their Ram Raiding time.
      Quite an enterprise eh?
      
      Us taxpayers are supporting this lifestyle! However, there’s no time like the present for a change eh?
      
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      September 15, 2022 9:37am
    - Steve Otto(North Shore)
      
      My partner is a jobseeker and on that allowance. At 63 she is highly unlikely to get a local job that means one bus. Willing to work, but 3 buses = one and a half hours each way. 3 hours a day to do an 8 hour job?
      
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      September 15, 2022 2:07pm
    - NeverMindTheBollocks
      
      Job Seekers. Not Job Finders.
      
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      September 15, 2022 7:37pm
- Ruawai
  
  Young Indian guy in his twenties, been in NZ 5 years, just bought his own house in Rotorua through hard work and discipline while on Fenton Street beneficiaries sit around doing nothing expecting us tax payers to provide food and a roof over their heads. What a contrast. Just shows there are houses there if you work hard and behave well.
  
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  September 15, 2022 9:37am
  - ISeeRed
    
    You applaud foreigners buying up housing stock? Yeah, tightening demand will really help Kiwis afford their first home.
    
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    September 15, 2022 11:31am
    - Ruawai
      
      He is a NZ resident and will likely make a good contribution to the NZ community. Working hard and saving money will help kiwis afford their first home no matter what their skin colour.
      
      https://www.nzherald.co.nz/nz/how-rotorua-23-year-old-raj-nakura-bought-his-first-home-without-kiwisaver/RPMB4Q3KPHMRNK7MVHWUGHULFA/
      
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      September 15, 2022 11:46am
  - Paulus
    
    Those many of Indian ethnicity have done well from the ones that I know in a few years through sheer hard work (and whanau).
    Many more on their way and well under way to be almost the largest immigrant ethnicity soon.
    No wonder some do not want immigration.
    
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    September 15, 2022 1:54pm
- NZer In Exile
  
  NK: “And then that useless idiot Chloe Swarbrick puts something on Facebook about it arguing for handouts and higher taxes to help people out.”
  
  This seems to be the main MO for these people living in their fantasy cocoon. IE “doesn’t matter what catastrophic economic impact our uber-childish ideas have, we can just throw tax funded handouts to any casualties that we allow to have a voice.” …basically creating a self-accelerating economic and social catastrophe.
  
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  September 15, 2022 4:02pm
Andrei

We have reached a historical inflection point

Since Breton Woods in 1944 the worlds default reserve currency has been the USD which provides the benchmark against which all other national currencies are measured

Under that agreement the USD was on the Gold standard but the US reneged on this under Nixon after they had bankrupted themselves during the Vietnam war

The US Fed could now print dollars which had the effect of spreading the pain to all currencies tied to the USD leading to the two oil shocks of the seventies since to make this work the USA demanded that all energy trades be conducted in USD enforcing this where necessary with its military might

Now however other currencies backed by commodities, energy, and minerals and grain are emerging to bypass ttrade conducted in USD

If you think I am FOS look at which currencies are performing well against the USD and which are not

Look at which nations are suffering high inflation and which are not

Interesting times and things will come to a head when the Northern Hemisphere winter arives
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September 15, 2022 7:23am
Caleb

Big rises still to come as increased diesel and fertilizer costs (all input costs are up, compliance, land, machinery, agchem, labour etc) feed into crops only just being harvested or anything planned to be produced this coming summer. Potatoes will be 35% more expensive for example.
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September 15, 2022 7:24am
- Steve Otto(North Shore)
  
  Also no refining fuels. It would have been in NZs interest for the Govt to buy that refinery. Jesus, there is a pipe all the way to Wiri.
  Everything in NZ is being done wrong. Worst Govt ever, and I have seen the last 52 years of them
  
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  September 15, 2022 8:23am
- Ruawai
  
  The Greens will soon realise that without fertiliser and fuel people will starve.
  
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  September 15, 2022 9:39am
  - Steve Otto(North Shore)
    
    Recycle means no fertiliser. All sorts of shit grows in the bush without fertiliser.
    Mushrooms grow in the bush – make sure you get the right ones, the Greens will advise you…….
    
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    September 15, 2022 2:11pm
Skippytony

This is a surprise to absolutely no one who has walked into a supermarket in the last six months.
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September 15, 2022 7:33am
- kowtow
  
  But the Luvvies get everything delivered , even prepared for them.
  
  So little time to do anything , dahling.
  
  Apart from snorting cocaine and following Kim, Chloe and Jax on social mediah.
  
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  September 15, 2022 8:54am
ClanMcleod

This is just the start of this shit show. It is all part of the “great reset” and the “green new deal”. Ardern is a fully signed up member.
Watch what is happening in Europe. Energy rationing, in Switzerland they have public billboards asking people to dob in other members of the public who have their heating set above 19 degrees C.

Go to 15 minutes 20 seconds in of the latest UK Column video to see the billboard. It has been authenticated.

https://www.ukcolumn.org/video/uk-column-news-14th-september-2022

Actually, watch the whole episode. It covers numerous world news topics truthfully, unlike the propaganda channels on mainstream media here in NZ.
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September 15, 2022 7:35am
- All_on_Red
  
  The Billboard/Poster is fake. The proposed Regulations aren’t though.
  https://www.zerohedge.com/political/swiss-social-media-abuzz-over-rat-out-your-neighbor-energy-use-posters
  
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  September 15, 2022 7:48am
stewmar

Well hopefully if prices continue to go up we might see a revolt in the land against the hapless mob who claim to govern us.
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September 15, 2022 7:46am
- pdm
  
  stew – Groundswell started that in July 2021.
  
  It still simmers on just below the surface.
  
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  September 15, 2022 8:02am
  - Gravelroad
    
    Yes, I am a side-line supporter of Groundswell.
    I say “side-line” because, in today’s Aotearoa, it doesn’t pay to publicly speak out against the Labour Party government or Ms Ardern.
    There will be consequences – as some who are/were putting their names forward as candidates in the local body elections have found out.
    By the way, the regular $tuff undemocratic hit pieces on “dangerous” candidates (for whom one must not vote) seem to have dried up somewhat. Anyone know why?
    (I am not a candidate).
    
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    September 15, 2022 8:41am
    - Nickc2
      
      I think Stuff stuffed up by selecting some Labour Party affiliates as ‘dangerous candidates’.
      
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      September 15, 2022 9:43am
jp_1983

But we saved 80000 people from death by locking down.
So higher prices are the price of that, so how about a thank you 🙄
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September 15, 2022 7:48am
- Steve Otto(North Shore)
  
  Thankyou Jaspinda for saving my life, would you like some more Taxes with that?//
  
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  September 15, 2022 8:27am
All_on_Red

Labour and the Greens don’t care about poor people.
Never have. They pretend to, but their actual policies hurt the poor.
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September 15, 2022 7:52am
- Benedict Yu
  
  The easiest way to hurt poor people is to adopt policies that force up the prices of food, housing, and transport. Thanks a bunch.
  
  Think about it. If a National led government introduced policies with these outcomes, Labour and the Greens and the Media Party would be going insane.
  
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  September 15, 2022 8:19am
  - Libertysparks
    
    A little while ago my son was celebrating the increase in the minimum wage. Now. just a short while later, he is complaining about how expensive the cost of living is. The cycle has begun…
    
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    September 15, 2022 10:09am
- Steve Otto(North Shore)
  
  Poor and welfare dependent, promise free shit, is how you get votes. Disgusting really
  
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  September 15, 2022 8:29am
andrewo

You haven’t seen anything yet. This is just the start
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September 15, 2022 7:55am
- Steve Otto(North Shore)
  
  “The Best is Yet to Come” Yer ok, someone else said that, and he means it
  
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  September 15, 2022 8:32am
Nickc2

No surprise, Cindy and Robbo are doing their best to emulate the Russian Food Famine in order to complete their Stalinist-like takeover of NZ. //
https://en.wikipedia.org/wiki/Soviet_famine_of_1930–1933
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September 15, 2022 8:08am
Drone

Food, electricity, gas, petrol, rates get used to it they are all rising in an attempt to stem the rising tide. /sarc/
No government has ever come up with a plan to create genuine wealth only to spend it and if it doesn’t exist borrow to spend. People, creative people create wealth if the environment is conducive for it to happen. Sadly NZ is a lost country, far from the world’s major events and stagnating. The creatives are leaving for places they are recognised and rewarded where hope is still a feeling and not just a word. Thank you Jaxx.
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September 15, 2022 8:09am
- Steve Otto(North Shore)
  
  People on fixed income suffer. My only income now is Super. Once you touch the nest egg it never goes back
  
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  September 15, 2022 8:34am
piglady

I would not want to be a fruit or vegetable grower if the price of produce is only increasing. It’s to easy for anyone to drive by your crops and just help themselves out of the paddock.
Thinking as an example the outskirts of Pukekohe.
You can’t put fencing around everything!!
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September 15, 2022 8:10am
- westernScientist
  
  Oh it is way worse than that. Avo growers have had trouble with commercial theft for years, machinery and gangs turning up in the dark and steeling whole harvests. Happened a bit in grapes too. Stock hustling is nothing new, only a few days ago a farmer had 500 or so lambs stolen. I am sure it happens in heaps of different ag industries.
  
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  September 15, 2022 8:36am
  - Inandout
    
    wS, makes you smile at 2018 articles like this. Who now in NZ gets 10 years prison, even for murder?
    https://www.stuff.co.nz/business/farming/109314384/rustlers-could-be-put-away-for-10-years-under-new-penalties
    
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    September 15, 2022 10:08am
  - NeverMindTheBollocks
    
    Amazing how the only people growers can get to pick their crops want to work after dark on their own account.
    
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    September 15, 2022 7:51pm
JimBobJoe

I have a question: Does the official inflation counting including the size of product in the packet reduction that many producers indulge into to retain a price point?

This means you pay the same price for less but if the measure is the price of a packet of sugar, biscuits, chocolate etc then the price inflation is disguised.

Things sold on weight or volume (meat, fruit, some vege, fuels) or per item (veg like broccoli heads, whole lettuces, Caulis [Cauli = devils food]) the price increase is more obvious as its on the label.

Does anyone know the answer to my question?
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September 15, 2022 8:12am
- David George
  
  Yes, that is taken into account. Also, if a product has improvements (very much the case with electronics over the past few decades) available for the same price it equates to a price drop as far as the stats are concerned. Part of the reason we’ve had, until recently, relatively low inflation despite the massive increas in the money supply.
  
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  September 15, 2022 8:36am
Old.Mickey.Blue.Eyes

meanwhile in Russia, food prices falling.
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September 15, 2022 9:07am
- Inandout
  
  Old, yes they may be but even a localised Maccas outlet can’t seem to reproduce a tasty replacement.
  https://www.96fm.com.au/lifestyle/food-wine/russian-maccas-opens-in-moscow-just-weeks-after-the-fast-food-giant-bails/
  I saw a doco where a Moscow guy sampled the quasi Maccas and wasn’t impressed at its blandness.
  
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  September 15, 2022 10:14am
thirteenstars

“Food prices are 11% higher than at the last election.”

That’s obviously rubbish.

Compared to this time last year most of the regular stuff I buy is 30% higher. Eggs have gone up by about 50% and you can’t buy a bloody cabbage for under $5.

Beer’s holding steady so maybe a liquid diet going forward.
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September 15, 2022 11:01am
vant

Food price index was 987 in Oct 2017, 1185 in August 2022, an increase of 20%. You can see the data from https://infoshare.stats.govt.nz/
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September 15, 2022 11:21am
CAKE FACE1

The biggest economic news in New Zealand goes completely unreported.

http://www.voxy.co.nz/national/5/407164

“The annual current account deficit continued to widen. In the year ended 30 June 2022, the annual current account deficit was $27.8 billion (7.7 percent of gross domestic product (GDP)), $16.3 billion wider than in the year ended 30 June 2021 (3.4 percent of GDP).”

Cindy’s economic vandalism towards the tourism sector because of the Rona hoax will need to be paid for.

A current account deficit of 7.7% of GDP requires the trade weighted fx rate to fall by 10 – 20%. J curve effects may make short term remediation problematic. Let us hope that our currency doesn’t melt down Zimbabwe style.

Massive currency depreciation will lock in huge increases in the price of imports.

This means that the energy and food price inflation has only just begun in NZ. Further interest rate rises will be needed, above and beyond those priced in.

New Zealand’s financial media are embarrassingly uneducated.

A big recession is coming…
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September 15, 2022 1:51pm
- Steve Otto(North Shore)
  
  NZ financial media are Labour plants. Uneducated? Of coarse! Numbers are the same as taught at kindy – embedded, and they will never change because they just can’t.
  That is NOT an insult, sadly it is the truth.
  
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  September 15, 2022 2:35pm
Steve Otto(North Shore)

Where is Mike, MCos, never mind asking about all the other lefties, can’t be bothered.
Are they all back in reprogramming school? Their silence is deafening. Maybe an order from the top silencer?
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September 15, 2022 2:40pm
- Ghost
  
  Do they even exist or they just figments of your imagination?
  
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  September 15, 2022 2:46pm

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