31 Jan 2022

Covid-19: Retail prices expected to rise

From Morning Report, 7:23 am on 31 January 2022

Shopping is about to become even more expensive, whether you're at the supermarket or a mall.

A report out by Retail NZ shows three quarters of retailers expect to put prices up by 7.5 percent over the next three months.

That follows hikes by 57 percent of retailers in the last three months of 2021.

Retail NZ chief executive Greg Harford spoke to Corin Dann.