News | Business
22 Dec 2024 18:03
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Supermarkets claim GST is a main reason food prices are so much higher than in comparative countries

    Supermarkets claim GST is a main reason food prices are so much higher than in comparative countries


    Latest Stats NZ figures suggest food prices rose about 1.2 percent in the past year.

    But Foodstuffs -- owner of New World, Pak'nSave and Four Square -- says it recorded effectively no increase in overall prices.

    Managing Director Chris Quin says supermarkets aren't creaming off profits, as some are suggesting.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     21 Dec: A lack of surprise over the drops sales for spirits and RTDs
     21 Dec: Industrial-zoned land shortages in Auckland means Briscoes has turned to Drury for a new project
     20 Dec: Retailers are seeing signs of a slow turnaround in consumer confidence
     20 Dec: Cryptopia liquidators have made a huge dent as they look to pay out former account holders
     20 Dec: Beware of bad customers – and 3 other ways small and medium businesses can thrive in 2025
     20 Dec: Another sweet season in the books for kiwifruit growers
     20 Dec: The Finance Minister believes New Zealand is through the worst of it - in terms of economic pain
     Top Stories

    RUGBY RUGBY
    American skiing great Lindsey Vonn has marked her return to the World Cup circuit for the first time in nearly six years by finishing 14th fastest in the super-G at Saint Moritz, Switzerland More...


    BUSINESS BUSINESS
    A lack of surprise over the drops sales for spirits and RTDs More...



     Today's News

    Soccer:
    The Wellington Phoenix men need their leaders to step up tonight as they strive to overcome a rare two-game losing slump in football's A-League 17:26

    Basketball:
    In basketball 17:16

    International:
    US Navy pilots shot down in 'friendly fire' during strikes against Houthis 16:56

    Soccer:
    No sense of panic in the Wellington Phoenix men's camp, despite dropping their last two matches 16:56

    Boxing:
    Undisputed heavyweight boxing champion Oleksandr Usyk has paid tribute to opponent Tyson Fury after beating him by unanimous decision in their rematch in Riyadh 16:36

    Rugby:
    American skiing great Lindsey Vonn has marked her return to the World Cup circuit for the first time in nearly six years by finishing 14th fastest in the super-G at Saint Moritz, Switzerland 16:16

    Environment:
    A Severe Thunderstorm Warning is in place for Selwyn and Ashburton 16:06

    Law and Order:
    Police have charged two men after the death of Napier man Boy Taylor, in the city's centre on Wednesday 14:56

    General:
    Australia's Logan Martin wins third BMX freestyle world championship 14:16

    Law and Order:
    Police are appealing for CCTV footage to help in their search for a woman missing in Wellington 14:06


     News Search






    Power Search


    © 2024 New Zealand City Ltd