Grocery prices may finally be reaching a turning point according to the latest numbers from Infometrics.
The New Zealand Grocery Supplier Cost Index, commissioned by Foodstuffs, shows an increase of 8.8 percent in the price that suppliers are charging supermarkets for goods.
It's the first time in several months the increase has fallen below ten percent.
Infometrics chief executive and principal economist Brad Olsen spoke to Gyles Beckford.
