No respite at the checkout

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Mon, 17 Apr 2023

Food price inflation will remain hot in March, with cost increases from groceries suppliers to supermarkets up another 10.3%, according to the Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index.The lift marks six months where the average annual supplier cost increase has been above 10%.“The latest increase in March continues the rapid pace of cost increases so far in 2023, with producers and others up and down the supply chain still facing intense and sustained input cost pressures,” said Infometrics chief executive and...

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