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19 Dec 2025 13:46
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      Home > News > Business

    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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     19 Dec: New Zealand fruit's flying offshore - with exports hitting a record high
     19 Dec: Concern slow growth could be on the horizon for global trade
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     19 Dec: Optimism about the prospects of the economy heading into next year
     19 Dec: Higher-than-expected GDP growth isn't expected to translate to higher interest rates
     18 Dec: Most parts of the economy are growing again
     18 Dec: The owner of businesses in Auckland and Hamilton has been sentenced for migrant exploitation - after failing to pay workers nearly 50 thousand dollars
     Top Stories

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    BUSINESS BUSINESS
    New Zealand fruit's flying offshore - with exports hitting a record high More...


     Today's News

    		 Business:
    New Zealand fruit's flying offshore - with exports hitting a record high 13:27

     Entertainment:
    Olivia Wilde is releasing a charity necklace to help victims of the California wildfires 13:20

     Law and Order:
    Two men have been arrested following a shooting that injured two others in Gore 13:07

     Politics:
    Northland Regional Council is hoping to give ratepayers a Christmas present by pushing through a zero percent rates rise 13:07

     Politics:
    Trump’s new security strategy exposes the limits of NZ’s ‘softly-softly’ diplomacy 13:07

     Entertainment:
    Russell Crowe on the reappraisal of Master and Commander and its masculinity 13:07

     International:
    More photos released on eve of Jeffrey Epstein files deadline 12:57

     Entertainment:
    Christina Aguilera says her daughter prefers her as a "no-makeup mama" 12:50

     Environment:
    Further restrictions on the harvesting of spiny rock lobster in the upper North Island 12:27

     Entertainment:
    John Cena can "operate" without sleep for 40 hours straight 12:20

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