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2 Dec 2021 22:46
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      Home > News > Politics

    Expect to fork out a bit more for gifts this Christmas

    Expect to fork out a bit more for gifts this Christmas


    Freight prices around the world are up by over 280 percent ... compared with this time last year.

    The US is opening up the Los Angeles port 24/7 to alleviate pressure on the supply chain ... while G7 finance ministers agree to work together to address the issue.

    Retail NZ Chief Executive Greg Harford expects the costs to continue to flow onto consumers.

    He says they're seeing more price increases in the months to come.

    © 2021 Newstalk ZB, NZCity

     Other Politics News
     02 Dec: A Northland Iwi says it's been left in the dark on plans for the region's Covid-19 border
     02 Dec: This year's Rhythm and Vines has fallen victim to the Traffic Light system
     02 Dec: A political marketing expert says it'll be a problem for Chris Luxon if he just focuses on business
     01 Dec: The Police Association says many frontline officers want to be armed
     01 Dec: New Zealand Rugby is welcoming World Rugby's new law changes to the community game
     01 Dec: Wellington's Mayor says he wonders if runaway housing prices may start slowing
     01 Dec: Urgent and widespread changes to our childhood immunisation system are needed to protect Maori children from fatal infectious diseases
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