New Zealand supermarkets are paying 24% more for fresh produce as suppliers face ongoing cost increases. The Grocery Supplier Cost Index, which measures the cost of more than 60,000 grocery products supplied to the Foodstuffs co-operative, indicates that the cost of groceries from suppliers rose 10.6% in 2022. Supplier costs were higher across all departments, with produce prices jumping 24%.
Some New Zealanders claim they're thinking more carefully about the amount of food they're wasting amid high prices. Infometrics’ previous analysis showed supplier costs represented two-thirds of the shelf price charged by supermarkets
Source: stuff.co.nz
