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
14 October 2024
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