Costs from Suppliers Increase 5.4% pa in October
The average annual rate of supplier cost increases continued to moderate in October. The Infometrics-Foodstuffs New Zealand (GSCI) shows a 5.4 percent increase in…
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Grocery Suppliers Costs To Supermarkets Increases
There was a further slowing in the average rate of supplier cost increases from suppliers to supermarkets in September 2023. The Infometrics-Foodstuffs New Zealand…
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Promising Signs For Seasonal Fruit And Vegetable Prices
Foodstuffs managing director Chris Quin said that the co-operative was still dealing with elevated transport costs, supplier cost increases, and the effects of the…
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Long Road Ahead For Taming Inflation
Statistics New Zealand’s Food Price Index (FPI) shows food prices increased 12.5 percent for June 2023 compared to a year ago. Chris Quin, Foodstuffs…
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The Peak Of Food Inflation
Chris Quin, Foodstuffs North Island CEO, the 100 percent New Zealand-owned co-operative behind New World, PAK’nSAVE, and Four Square, commented on the latest food…
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Grocery Suppliers Face Cost Increases
Grocery suppliers to supermarkets saw a cost increase in February. This increase has accelerated after a subdued summer compared to the typical moratorium on…
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January Grocery Supplier Cost Increase
Cost increases from grocery suppliers still remain at record but seem to have plateaued with a 10.0 percent yearly increase for January 2023. Costs…
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December Grocery Supplier Cost Increase
Cost from grocery suppliers to supermarkets increased by 10.6 percent in December 2022. The Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index recorded the usual…
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