A major supermarket pricing failure and a number of exceptions in Foodstuffs South Island’s refund policy have been flagged by Consumer NZ.
Six months after launching in Christchurch, independent supermarket Kai Co says it is demonstrating how local retail competition can force supermarket incumbents to lower their prices.
The credibility of the confectionery industry is at risk of being damaged by shrinkflation and aggressive promotional pricing, according to Whittaker’s chief executive James Ardern.
Food prices increased 2.5% in the 12 months to June 2026, following a 3.2% rise in the 12 months to May 2026.
Foodstuffs data put food price inflation eased in June, with the organisation’s comparable FPI basket up 2.2% year-on-year – the lowest annual increase since December 2024.
“Evidence to date suggests that the magnitude of fuel price cost increases has been more limited than might have been first expected,” Infometrics finds.
Fonterra today revised down its forecast 2026/27 Farmgate Milk Price off the back of declining prices at recent Global Dairy Trade auctions.
The New Zealand grocery sector’s entrenched $6bn backroom rebate system is coming into sharp focus at the Commerce Commission, as it officially closes its wholesale inquiry.
Pak’nSave is the cheapest New Zealand grocery store, according to Consumer NZ , which also found that Foodstuffs’ Pams products are cheaper at this banner than New World.
ComCom issues a reminder to businesses to ensure lower fuel costs are passed through to customers through prices at the pump and the reduction of any surcharges.
Foodstuffs recorded an average year-on-year retail price increase of 2.6% across its comparable Stats NZ Food Price Inflation basket, which came in at 3.2% for May.
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