Sunday, 14 January 2018

Butter prices drop but avocados still twice last year's price

Relief for butter-lovers - after a year in which prices soared, December brought a Christmas present of an almost 5 per cent price drop.

Statistics NZ has released its latest food price data, which shows chocolate bars and wholemeal bread also fell in price. Tomatoes and nectarines were cheaper in december, but avocados were still about twice the price of a year ago.

After four successive monthly rises, butter prices dropped 4.9 per cent in December 2017 to an average of $5.46 for the cheapest available 500g block. This compared with the previous month when they hit a record high of $5.74. Butter prices had been falling at international dairy auctions since October.

​It is still well up on the October 2016 average price of $3.50 for 500g.

from
http://www.stuff.co.nz/business/100577762/Butter-prices-drop-but-avocados-still-twice-last-years-price

No comments:

Post a Comment