Brad Olsen: Infometrics Principal Economist discusses the ever-rising cost of food
Heather du Plessis-Allan Drive · Newstalk ZB
August 15, 20252m 31s
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Show Notes
Stats NZ says food inflation was back up five-percent for the year to July.
The heftiest increases include butter rising 42-percent, cheese 29, and produce climbing more than seven.
Infometrics Principal Economist Brad Olsen says other essentials like milk, steak, and mince are also going up.
Olsen says food price inflation probably won't impact next week's Reserve Bank announcement, but it is uncomfortable for households.
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Topics
brad olseninfometrics principle economisteconomisteconomyfood pricesgroceries