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'Prices are rising': Retail NZ CEO says Iran war could add .5% to NZ inflation

Author
Newstalk ZB,
Publish Date
Mon, 9 Mar 2026, 7:44am
Photo / Getty Images
Photo / Getty Images

'Prices are rising': Retail NZ CEO says Iran war could add .5% to NZ inflation

Author
Newstalk ZB,
Publish Date
Mon, 9 Mar 2026, 7:44am

The conflict in Iran won't just affect petrol. 

Retail NZ Chief Executive Carolyn Young says prices in her domain haven't increased yet, but they will soon. 

She says it's been forecast that the conflict could add half a percent to inflation. 

Young told Mike Hosking that it will affect everything that needs to be delivered, whether they be by road, sea or air. 

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