NZ-UK: Basket of goods 25.3859 percent greater in NZ


Basket updated: Sunday, 21 August 2011


Butter anchor butter salted 500gNZD 4.00
 Anchor Butter 500G NZD 5.63
Carrots fresh produce carrots loose 1kgNZD 1.47
 Loose Carrots Class 1 NZD 1.41
Sugar home brand white sugar 3kgNZD 5.98
 Miscellaneous Granulated Sugar 1Kg Packet (x3)NZD 4.95
Coffee nescafe instant coffee classic value pack refill 220gNZD 12.64
 Nescafe Original Coffee 200G NZD 8.04
Tea twinings breakfast tea bags english 60pkNZD 6.99
 Twinings English Breakfast 50 Teabags 125G NZD 4.77
Eggs home brand eggs dozen mixed grade 12pkNZD 3.06
 Tesco Value Eggs Minimum Weight Box Of 6 (x2)NZD 2.77
Bread signature range sandwich bread wheatmeal 700gNZD 2.39
 Bakers Soft Wholemeal Medium 800G NZD 2.01
Milk meadow fresh milk trim plastic 1lNZD 2.45
 Tesco Semi- Skimmed Milk 1.136Ltr/2 Pints NZD 1.79
Baked Beans watties baked beans in tomato sce 420gNZD 2.09
 Heinz Baked Bean In Tomato Sauce 415G NZD 1.39

UK Shopping Basket Total = UKP 16.29
NZ Shopping Basket Total = UKP 20.43
UK Shopping Basket Total = NZD 32.75
NZ Shopping Basket Total = NZD 41.07
Grocery basket is 25.39 percent higher in New Zealand

Baskets compared using today's exchange rate: 1 NZD is worth 0.4973 pence.


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Comments

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Hello,
The fast and convenient online store offering your favorite British Food right here in the USA.http://www.britishfooddepot.com/

I was unaware of the disparity in price between goods in the United Kingdom and goods in New Zealand.

That's a significant gap. Usually, even when currencies are changed from one to another, you hope that prices for basic food items will remain within the same range.

Even worse, most of the time the countries that you expect to have higher prices are those that have big cities. I would have expected the UK to have higher food prices for that reason. Doesn't New Zealand produce its own flour, etc. Why do consumers encounter this gap in prices?

You buy instant coffee? No wonder I can't get a decent coffee here in the UK.

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