Beef Mince and Steak Prices Surge as Annual Food Costs Climb 4.5%

Rising Food Prices Hitting New Zealanders While Supermarket Duopoly Not Held Accountable

“While the supermarkets have been making $1 million a day in excess profits, food prices have surged 4.5% over the last year. Fruit and vegetables, a core staple, are up a massive 9.4%.”

Why has the price of mince risen 23% in a year?

The average price of a kilogram of beef mince was now $4.60 more than the same time in 2025. Photo: RNZ By Susan Edmunds of RNZ

Mince records biggest annual increase since data began

Meat is up, poultry, is up, fish is up. What's going happening?

Beef mince and steak prices surge as annual food costs climb 4.5%

Higher prices for beef mince and steak have driven up annual food prices in the year to February, with some items rising at levels not seen before in data...

Annual food prices rise 4.5%

Annual food prices increase to 4.5% in year to February driven by higher prices for meat, poultry and fish, according to latest Stats NZ data