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Media release

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The annual increase in the average cost of goods that suppliers charge supermarkets has slowed further, with the Infometrics-Foodstuffs New Zealand Read


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The annual average increase in the cost of goods suppliers charged supermarkets is now at its slowest since the end of 2021. Costs are still rising – just at a much less intense pace than a year ago. The Infometrics-Foodstuffs New Zealand Read


Mangawhai 2024

Still too-high inflation and considerably higher interest rates are combining to constrain economic activity across New Zealand, according to Infometrics’ latest monitoring of regional economies. Read


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Supplier cost increases are still higher than a year ago, but recent trends support a continued moderation in input cost pressures. The Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index (GSCI) shows an average 4.3% increase in what suppliers charged Foodstuffs supermarkets for goods in ... Read


Auckland International Airport Arrivals Jan 2024

New Zealand’s economic prospects are brightening, according to Infometrics’ latest forecasts. GDP growth is predicted to average 2.0%pa during 2024 and 2025, which represents a substantial upward revision from the 1.2%pa growth that was being forecast by Infometrics in October last year. This more positive outlook is underpinned by continued high net migration that is set to take longer to retreat from its current record level. Improving business confidence will also lead to more positive outcomes for business investment spending. Read


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Supplier cost increases remained higher than a year ago in December, but there was continued moderation in the annual pace of change. The Infometrics-Foodstuffs New Zealand Read


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Supplier cost increases have further moderated in November, with an annual increase of less than 5%pa. The Infometrics-Foodstuffs New Zealand Read


Sheep in Auckland 2022

New Zealand’s economy looks to have expanded further in the September 2023 quarter, although momentum has slowed as various economic pressures hit. Continued jobs and population growth have supported growth, but high inflation and higher interest rates have moderated the strength seen in the economy. Rising pressures on the primary sector are also beginning to hit provincial economies. Read


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The average annual rate of supplier cost increases continued to moderate in October. The Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index (GSCI) shows a 5.4% increase in what suppliers charged supermarkets for goods in October 2023 compared to a year ago – down from 6.1%pa in September 2023. Read


Soft Landing

The New Zealand economy is on track for the much sought-after “soft landing”, according to Infometrics’ latest forecasts. Although economic activity is set to remain patchy in coming quarters, year-end growth is predicted to bottom out at 0.9% during 2024, which is an upward revision of more than a percentage point from the trough that had been expected earlier this year. Read