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"Abundant supplies": Vegetable prices unlikely to fall any further

Author
Newstalk ZB,
Publish Date
Wed, 16 Apr 2025, 10:36am
Photo / 123rf
Photo / 123rf

"Abundant supplies": Vegetable prices unlikely to fall any further

Author
Newstalk ZB,
Publish Date
Wed, 16 Apr 2025, 10:36am

Prepare for more price rises. 

Data due out tomorrow is expected to show the inflation rate has risen again, from 2.2% to about 2.4%. 

One contributing factor is food price inflation, which is now back up at 3.5%. 

Vegetables New Zealand Chair John Murphy told Ryan Bridge that while fresh produce prices have fallen in the past 12 months, that trend isn't likely to continue. 

He doesn't see them coming down any further, and they could well go up. 

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