Food prices in New Zealand have increased by 12.1% in the past year, with grocery items identified as the biggest contributor at a 14% increase. The
Food prices in New Zealand have increased by 12.1% in the past year, with grocery items identified as the biggest contributor at a 14% increase. The rise is due to several factors such as supply and demand issues, weather, and transport costs. The Kiwi Community Assistance charity, which redistributes rescued or donated food to frontline agencies, is currently struggling to keep shelves stocked. More people are accessing food banks due to the rise in food prices. Supermarkets are also being criticised for raising shelf prices while buying from suppliers at the same price. Consumers are being urged to shop around and look for goods on special, but misleading promotional advertising in supermarkets is making it difficult for consumers to rely on the genuineness of some of the promotions. Unfortunately, economists predict that food prices will remain high for much longer.
