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flag New Zealand grocery prices may rise due to higher freight and fuel costs from the Middle East conflict, with inflation likely above 3% in 2026.

flag New Zealand shoppers may face higher grocery prices as supplier costs rose 2.3% in February, driven by escalating freight and fuel expenses tied to the Middle East conflict. flag Transport costs, making up 10% of supermarket non-wage inputs, are increasing, with industries like fishing—where fuel is 25% of costs—most vulnerable. flag While immediate price hikes are uncertain, economists expect rising costs to pass through to consumers within months, particularly for imported and transport-heavy goods. flag Inflation may stay above 3% through 2026, with potential fuel surcharges and supply disruptions, including flight cancellations, adding pressure.

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