3 Mar 2022

Russian invasion of Ukraine affecting economies worldwide

From Checkpoint, 6:13 pm on 3 March 2022

It might be happening on the other side of the world but the economic shockwaves of the Russian invasion of Ukraine will reach New Zealand.

Tightened oil and gas stocks out of Russia is leading to increased prices worldwide hiking the cost of air and sea freight.

Grain, wheat and fertiliser prices are also rising which could lift meat and dairy prices, and keep an eye on your KiwiSaver.

Emma Hatton with this report.