Supplier costs increases to supermarkets have continued to rise. 

Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index shows a 2.1 percent increase in supplier costs to supermarkets in November, compared to the year prior.

Some of the largest rises were for chocolate and cooking oils.

Vegetables NZ Chair John Murphy told Andrew Dickens there's still some general inflationary pressure – but the trend is below overall inflation.

“So you see the likes of diesel and things like that starting to creep in, which affects those freight costs.”

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<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Supplier costs increases to supermarkets have continued to rise. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;"><span style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px; padding: 0px; user-select: text; background-position: 0px 100%; background-repeat: repeat-x; background-image: var(--urlSpellingErrorV2,); border-bottom: 1px solid transparent;">Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index shows a 2.1 percent increase in supplier costs to supermarkets in November, compared to the year prior.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Some of the largest rises were for chocolate and cooking oils.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Vegetables NZ Chair John Murphy told Andrew Dickens there's still some general inflationary pressure – but the trend is below overall inflation.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">“So you see the likes of diesel and things like that starting to creep in, which affects those freight costs.”
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: rgb(255, 255, 255); color: windowtext; text-align: left; text-indent: 0px;">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

John Murphy: Vegetables NZ chair says supplier cost increases to supermarkets still rising, but trend is below overall inflation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ada06efd-0969-4806-88d6-b247012dcb63/transcript