A  glimmer of hope the price of grocery bills may eventually start to ease off

Foodstuffs is extending its price rollback on key products for another three months.

Since May, customers have saved more than 13 million dollars after prices were dropped to what they were in early 2021.

New Zealand managing director Chris Quin says there's no promises, but they could be starting to turn a corner.

He says they're starting to get longer-term signals from global markets about some of the core-component costs settling or starting to improve.