Back to today’s briefing

Story perspectives

New Zealand Families Struggle as Food Prices Surge

11/9/2025

44 8 Full Breakdown

Summary

Story summary

Rising food prices in New Zealand are squeezing households, with Rabobank estimating the average household now spends NZ$240 weekly on food.
In Kawakawa, cook Hura says higher costs mean she spends more time seeking deals to stretch her budget.
The Commerce Commission reported grocery prices rose 3% in 2023, and Stats NZ noted a 4.1% rise over the past year, prompting households to use cheaper milk powder and plan meals.

History

Historical Context

The Great Depression, triggered by the 1929 Wall Street Crash, devastated economies worldwide, peaking in 1933 with U.S. unemployment at 25%. In New Zealand, reliance on agricultural exports led to severe economic hardship, with unemployment rates reaching nearly 15% by the early 1930s. This historical context highlights the ongoing struggles families face during economic instability, reflected in today's rising grocery prices.

1 of 2

Story summary

Rising food prices in New Zealand are squeezing households, with Rabobank estimating the average household now spends NZ$240 weekly on food.
In Kawakawa, cook Hura says higher costs mean she spends more time seeking deals to stretch her budget.
The Commerce Commission reported grocery prices rose 3% in 2023, and Stats NZ noted a 4.1% rise over the past year, prompting households to use cheaper milk powder and plan meals.

1 / 2