Concerns the Middle East conflict will make rising grocery prices worse.

The Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index finds suppliers charged 2.3 percent more on average in February, compared to a year earlier.

Annual average produce department costs rose 2.9 percent, the fastest in two years.

Infometrics Principal Economist Brad Olsen told Ryan Bridge this doesn't capture rising fuel prices.

LISTEN ABOVE

Concerns the Middle East conflict will make rising grocery prices worse.
The Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index finds suppliers charged 2.3 percent more on average in February, compared to a year earlier.
Annual average produce department costs rose 2.9 percent, the fastest in two years.
Infometrics Principal Economist Brad Olsen told Ryan Bridge this doesn't capture rising fuel prices.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Brad Olsen: Infometrics Principal Economist on food price growth, and whether Iran war will have an impact

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/60504067-2b1b-4d34-976d-b40e0119bfa4/transcript