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31 Dec 2024 6:11
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      Home > News > Business

    Grocery supplier costs appear to be under control

    Grocery supplier costs appear to be under control


    Latest figures from Infometrics and Foodstuffs show the prices suppliers are charging supermarkets only rose 2.3 percent in the past 12 months.

    Infometrics Principal Economist Brad Olsen says things could be a lot worse.

    He says it is slightly higher than consumers may like, but it's certainly an improvement from previous double digit increases.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     28 Dec: It's been a buyers property market this year, with a downward trend for home values
     28 Dec: Tourism New Zealand's reflecting on the year that's been for the industry
     27 Dec: Kiwis spent big on Boxing Day bargains
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    BUSINESS BUSINESS
    Two dead, nearly all ports closed as 4m-high waves batter Ecuador and Peru More...


     Today's News

    		 Law and Order:
    Armed police have intercepted a suspected robbery in Auckland's Massey at about 3:30 this afternoon 21:57

     Law and Order:
    Eight youths have climbed onto the roof of the Korowai Manaaki youth justice facility in South Auckland's Wiri 21:37

     Business:
    Two dead, nearly all ports closed as 4m-high waves batter Ecuador and Peru 21:07

     Tennis:
    A solid and successful hit-out for Naomi Osaka in round one of tennis' ASB Classic 19:07

     Cricket:
    Young fast bowler Zak Foulkes is being hailed as a star of the future as the Black Caps get set for tonight's second T20 cricket clash with Sri Lanka in Mount Maunganui 18:57

     Boxing:
    A big breakthrough in the shadows of lunch in the Boxing Day cricket test in Melbourne.. 18:37

     Health & Safety:
    Family of Gaza doctor fear for his safety as Israel claims arrests of October 7 attackers 18:17

     Accident and Emergency:
    A person's in critical condition after a traffic-related incident in the Taranaki town of Bell Block 18:07

     Motoring:
    The Marlborough District Council's recommending people keep clear of waterways and take care on the roads 17:27

     Law and Order:
    Jimmy Carter, former US president who won Nobel Peace Prize, dies aged 100 17:07

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