Pasta News Network - New Zealand





An economist doesn't think there will be any cost of living respite for New Zealanders this year.

A report from economic consultants Infometrics and Foodstuffs has found costs from suppliers to supermarkets rose by close to 11 percent in the year to December, and economists say multiple factors could result in more pain at the checkout.

Many residents RNZ spoke to in Christchurch on Sunday said they had felt the pinch over the summer period, particularly around the cost of produce.

Facts!

Tags: Economy · Supply Chain