As fuel prices continue to rise, Canterbury businesses are starting to stockpile essential items in anticipation of potential supply chain disruptions. The pressure from escalating fuel costs is prompting concerns among local enterprises about their ability to maintain operations.
Top economists suggest that the ongoing fuel crisis could lead to an increase in the May Official Cash Rate (OCR) as businesses grapple with the financial strain. The situation is intensifying, with many feeling the impacts of the fuel crisis as they navigate these challenging conditions.