Monday, April 21, 2008
Higher milk prices ... what higher milk prices?
The NZ Herald reports that "the price of butter rose a staggering 82 per cent from March 2007 to March 2008, mild cheddar cheese 65 per cent and milk 25 per cent."
Since I'm visiting Canada at the moment, I decided to see what the situation is here. I very seldom buy butter so I can't comment on that from memory, but in terms of milk, I offer the following observations.
2004 (last time I lived here): 4L bottle of milk = $3.70-$4.00
2008: 4L bottle of milk = $4.15 (at Safeway, which is likely the most expensive grocery store here, but also the only one in walking distance of where I'm staying).
2L of milk is $2.65.
As far as I can work out, then, milk has increased in price by about 10% in four years! That would be about the rate of inflation, then.
As of today, CAD4.15 = NZD5.22. So if you buy 4 litres you're spending NZD1.31/L.
As of today, CAD2.65 = NZ3.33. So if you buy 2 litres you're spending NZD1.67/L.
Don't get me started on cheese, though. 1kg of NZ colby or mild for NZD12 is pretty fucking appetizing compared with the plastic orange gunk that many stores are prepared to serve up (at higher prices) over here.
And hey NZ, used cars are still cheap!
Since I'm visiting Canada at the moment, I decided to see what the situation is here. I very seldom buy butter so I can't comment on that from memory, but in terms of milk, I offer the following observations.
2004 (last time I lived here): 4L bottle of milk = $3.70-$4.00
2008: 4L bottle of milk = $4.15 (at Safeway, which is likely the most expensive grocery store here, but also the only one in walking distance of where I'm staying).
2L of milk is $2.65.
As far as I can work out, then, milk has increased in price by about 10% in four years! That would be about the rate of inflation, then.
As of today, CAD4.15 = NZD5.22. So if you buy 4 litres you're spending NZD1.31/L.
As of today, CAD2.65 = NZ3.33. So if you buy 2 litres you're spending NZD1.67/L.
Don't get me started on cheese, though. 1kg of NZ colby or mild for NZD12 is pretty fucking appetizing compared with the plastic orange gunk that many stores are prepared to serve up (at higher prices) over here.
And hey NZ, used cars are still cheap!
Labels: why buy the cow?
