Video / NZ HeraldNew Zealand's largest chicken supplier is raising prices amid "ongoing cost pressures on the industry". Tegel announced this afternoon the "roughly 10 per cent" price hike would begin from this month. Segers claimed the costs were so substantial, the 10 per cent price rise wouldn't cover cost pressures on chicken producers. Photo / Alex BurtonFood prices increased across the board, led by fruit and vegetables, which increased 10 per cent annually. For the 12-month period, grocery food prices increased 7.4 per cent, restaurant meals and ready-to-eat food prices increased 6 per cent, meat, poultry, and fish prices increased 7 per cent and non-alcoholic beverage prices increased 2.7 per cent.
Source: New Zealand Herald July 02, 2022 10:29 UTC