Podcasts Other The Mike Hosking Breakfast Chris Quin: Foodstuffs North Island Managing Director on food price increases starting to trend down

Chris Quin: Foodstuffs North Island Managing Director on food price increases starting to trend down

Published: Oct. 12, 2023, 7:18 p.m.

A supermarket boss says food price increases are heading in the right direction. \xa0

The Stats NZ Food Price Index shows there was an 8% increase in the year to September, which is\xa0a lower increase than previously. \xa0

Foodstuffs North Island Managing Director, Chris Quin, told Mike Hosking that while the trend is heading down food prices are still up, impacting every household. \xa0

He says it's not until late next year we're expecting to get back to numbers around 3%.\xa0

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