Chris Quin: Foodstuffs North Island CEO on the impacts of tariffs, rising food prices and inflation
The "guessing game" continues over how New Zealand will be affected by new tariffs around the world. Data —due out tomorrow morning— is expected to show inflation has risen for the first time in almost three years. Contributing to that is the food price inflation rate, which has risen from 2.8% to 3.5% in just the past month. Foodstuffs North Island Managing Director Chris Quin told Mike Hosking two factors could push prices higher or lower. One is the availability of products, the other is global shipping patterns. LISTEN ABOVE See omnystudio.com/listener for privacy information.