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Apple prices at record highs

NZ Newswire logoNZ Newswire 13/02/2017

An apple a day is a sentiment no doubt bringing smiles to farmers but not necessarily consumers after January statistics showed prices for the fruit were at record highs.

Higher prices had been driven by a short supply of apples, says Statistics New Zealand's Jason Attewell.

"Apple prices usually rise in January months and are now at their highest level ever - with a kilo of apples at $5.04 compared with $3.60 last month, a rise of 40 per cent," he said..

Apple prices were $3.95 a kilo a year ago.

The jump in apple prices led fruit prices to rise 12 per cent and overall food prices in January to make their highest monthly jump since 2009.

Vegetables, up 5.9 per cent, and grocery foods, up 2.4 per cent, were among other food items to rise in price in January.

Overall, food prices also rose 1.4 per cent for the year until January 2017, driven by increases in vegetable, milk and butter prices.

"Milk prices rose 5.8 per cent in the year, from $3.29 a year ago to $3.47 for two litres of blue-top milk," Mr Attewell said.

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