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9 Feb 2025 20:31
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  •   Home > News > Rural

    Good news for dairy farmers - not so good for everyone else

    Good news for dairy farmers - not so good for everyone else


    Infometrics's latest Grocery Supplier Cost Index shows annual supermarket cost inflation reached 2.2 percent in December, up slightly from 2.1 the month before.

    Chilled goods like milk have increased more than normal for this time of year.

    Principal Economist Brad Olsen says that's a reflection of global dairy prices recovering during the latter part of last year.

    Cocoa and cooking oils are also more expensive.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     06 Feb: KiwiRail and Fonterra are celebrating a full return of rail volume to Northland
     29 Jan: Fonterra is investing 150 million-dollars in electrification over the next 18 months
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
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