food inflation Archives

Aldi Advances as Food Inflation Eases; Retailers Face Pricing and Theft Challenges

The latest industry report by Jarden and the Australian Food & Grocery Council suggests a decline in food price inflation. Aldi continues outperforming its competitors and reclaims the market share it lost during the COVID-19 pandemic. It is supported by value-seeking customers, an expanded product range, increased cross-shopping, growth in own-brand sales, and improved supply […]

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Surging Food Inflation Challenges Budgets and Shoppers

News / Dan Armes

Hopes of relief for household budgets from high food and grocery prices have been shattered as investment bank UBS issued a warning that food inflation reached a record high of 9.6% in April. This surge in prices is attributed to ongoing challenges in the supply chain and labour market, causing inconvenience and expense for shoppers.

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Supermarket Fresh Food Prices Increase by 10%

News / Dan Armes

According to UBS‘s latest food inflation report, fresh food inflation hit a peak of 9.8% in March, while the average prices for a basket of fresh and dried groceries at supermarkets remained high at 9.1% for the third quarter. The report also revealed that food inflation is running at over double the rate experienced a

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Food prices at supermarkets slightly decreased in February

News / Dan Armes

In February, the average prices of food items at Coles and Woolworths supermarkets in Australia saw a slight decrease, with the prices of fresh produce dropping faster than packaged goods, according to the latest UBS grocery price tracker. The research tracks over 60,000 prices across both grocery chains monthly, and it found that average food

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No easing in food inflation before Christmas

News / Dan Armes

The boss of Metcash, the nation’s largest supermarket wholesaler, believes cost pressures swirling through the global economy and causing a rapid acceleration in the price of food and groceries is likely to remain in place until at least the start of next year. And shoppers who first walked into a Metcash-affiliated supermarket – such as

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‘Supermarkets will do well’ as grocery prices rise

News / Dan Armes

Food inflation looks set to bolster profits at Australian supermarket chains as analysts predict shoppers will have to brace for more price rises. Consumer price index figures released last week put inflation at 6.1 per cent for the year, with food and non-alcoholic beverage prices jumping 5.9 per cent since the June 2021 quarter. The

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Metcash full-year results to throw spotlight on the pace of food inflation

News / Dan Armes

Earnings results for supermarket wholesaler Metcash, released on Monday, will provide an update on the pace of inflation currently running through the food and grocery sector which some fear has accelerated since Woolworths and Coles reported an inflation breakout in the March quarter. Woolworths in May revealed that food inflation had grown by 2.7 per

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food inflation

Aldi Advances as Food Inflation Eases; Retailers Face Pricing and Theft Challenges

Surging Food Inflation Challenges Budgets and Shoppers

Supermarket Fresh Food Prices Increase by 10%

Food prices at supermarkets slightly decreased in February

No easing in food inflation before Christmas

‘Supermarkets will do well’ as grocery prices rise

Metcash full-year results to throw spotlight on the pace of food inflation

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