The Commerce Commission has released its Unit Pricing Guidelines for grocery retailers. These guidelines aim to help grocery retailers understand the unit pricing obligations for regulated grocery products under the Consumer Information Standards (Unit Pricing for Grocery Products) Regulations 2023.
The Unit Pricing Guidelines for grocery retailers can be accessed here.
The regulations came into effect on 31 August 2023. Physical stores must comply by 31 August 2024 and online stores must comply by 31 August 2025 at the latest.
The Regulations apply to any grocery retailer who has an internal floor space of over 1,000sqm and sells all the following product categories, as well as to any online retailer that sells these product categories:
• Bread
• Dairy products
• Eggs or egg products
• Fruit
• Vegetables
• Meat
• Fish
• Rice
• Sugar
• Manufacturer-packaged food.
Unit pricing aims to help consumers make better informed purchasing decisions when shopping for their groceries through supporting simple price comparison.
The Commerce Commission states: “We encourage you to seek legal advice on the regulations if it is required.”
