Newsroom

Stats NZ today reported a nationwide food price inflation (FPI) rate of 1.5% in December, year on year, while the Foodstuffs grocery co-ops saw a rate of 1.0% in their comparable FPI basket.

Foodstuffs North Island and Foodstuffs South Island are standing firm in their belief that uniting into one nationwide co-op will help deliver better prices at the checkout, and will appeal the Commerce Commission's decision to decline clearance for their merger.

The Foodstuffs grocery co-ops are pushing back on claims NZ food prices are higher than overseas, as the country again records one of the OECD’s lowest rates of food price inflation.

It’s now over a year since the Grocery Industry Competition Act (GICA) was enacted, and Foodstuffs is sharing the work it's doing to give New Zealand a fair deal.

Foodstuffs delivers its 2024 Annual Report, highlighting its commitment to providing value across 300+ local stores.

The proposed merger of Foodstuffs North Island and Foodstuffs South Island receives the overwhelming support of its Members.