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8 Nov 2024 2:51
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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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     07 Nov: While there are signs of light at the end of the economic tunnel, the job market is likely to remain tough for a little while yet
     07 Nov: The Finance Minister says the latest unemployment figures aren't the best indicator for the state of the economy
     07 Nov: The latest rise in the unemployment rate may not tell the full story
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    BUSINESS BUSINESS
    A third Christchurch-based bid for an NRL franchise license has been launched, valued at 360 million dollars More...



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