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Soaring food prices might be hard to swallow.
Stats NZ figures reveal prices rose 3.7% annually last month, with increases across all food categories.
Butter prices increased 65.3%, milk and cheese went up 15.1% and 24% respectively.
Foodstuffs North Island CEO Chris Quin told Mike Hosking there's pressure on products we're getting export success from.
He says it's a fantastic part of the story, but the impact on consumer is clear.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
3.9
1212 ratings
Soaring food prices might be hard to swallow.
Stats NZ figures reveal prices rose 3.7% annually last month, with increases across all food categories.
Butter prices increased 65.3%, milk and cheese went up 15.1% and 24% respectively.
Foodstuffs North Island CEO Chris Quin told Mike Hosking there's pressure on products we're getting export success from.
He says it's a fantastic part of the story, but the impact on consumer is clear.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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