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	Podcast:		The Mike Hosking Breakfast
	Episode:		Brad Olsen: Economist says increase in grocery prices is here to stay
	Category:		News & Politics
	Duration:		00:04:14
	Publish Date:		2022-12-11 18:41:52
	Description:		An alarming increase in grocery prices won't be going away any time soon. It comes as the latest Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index data, showing a rise in cost increases from suppliers by more than 10 percent in November. Around seven-thousand-800 items increased in cost, nearly three times as many items as in November 2019. Infometrics chief economist Brad Olsen says inflation is making this increase a lot more uncomfortable, despite the seasonal effects. He says the wider spread increase in general grocery goods suggests there is a much broader effect coming into play here. LISTEN ABOVE See omnystudio.com/listener for privacy information.
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