John Murphy: Vegetables NZ chair says momentum is shifting with grocery supplier costs easing
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
For the first time in nearly two years, grocery supplier cost increases have eased.
Infometrics data shows the annual rate of growth in October was at 5.4 percent, down from 6.1 percent the month before.
Vegetables NZ Chair John Murphy told Mike Hosking the drop shows the momentum is starting to shift.
“Right now, our growers are actually saying that they’re sending market to product right around cost price, so it’s a little bit of a dicey one there but really good for consumers.”
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