Chris Quin: Foodstuffs North Island Managing Director on food price increases starting to trend down

A supermarket boss says food price increases are heading in the right direction.   The Stats NZ Food Price Index shows there was an 8% increase in the year to September, which is a lower increase than previously.   Foodstuffs North Island Managing Director, Chris Quin, told Mike Hosking that while the trend is heading down food prices are still up, impacting every household.   He says it's not until late next year we're expecting to get back to numbers around 3%.  LISTEN ABOVE See omnystudio.com/listener for privacy information.