Coles and Woolworths items Aussies have stopped buying
1 year, 7 months ago

Coles and Woolworths items Aussies have stopped buying

Daily Mail  

Australians have revealed the everyday food items and household products they are no longer buying as prices soar. With inflation still worryingly high at 6.8 per cent, consumers are thinking twice before spending money on entertainment, insurance, self-care, coffee and even some grocery staples to make ends meet. RBA Governor Philip Lowe said the rate rises must continue to drive inflation down from 6.8 per cent down to the target range of under three per cent. RBA Governor Philip Lowe said inflation was still too high after April's monthly reading showed inflation rising to 6.8 per cent, up from 6.3 per cent The research conducted by investment bank UBS found prices for fresh food leapt by 9.9 per cent after analysing more than 60,000 supermarket products. Annual food inflation rose to 6.8 per cent in April, down from 9.2 per cent but dairy product prices and bread/cereal prices were still up 14.9 per cent and 11.8 per cent respectively.

Food Inflation Coffee Prices Cost Cent Rate Person Ubs One Person Rba Buying Woolworths Items  buying  inflation  prices  aussies  woolworths  items  person  food  rate  coffee  coles  cent  cost  stopped

History of this topic

Food prices are on the rise again. What’s behind the increase
3 weeks, 4 days ago

Food prices are on the rise again. What’s behind the increase

CNN  

Rochester, Minnesota CNN — On the Sunday before Thanksgiving, a grocery store here was plumb out of eggs. And it’s not just eggs — shoppers have seen jumps in beef, coffee and non-alcoholic beverages, driving up overall grocery prices to their largest monthly gain since January 2023. “Overall grocery price inflation is relatively tame; it’s essentially in line with where …

Food prices are on the rise again. What’s behind the increase
3 weeks, 4 days ago

Food prices are on the rise again. What’s behind the increase

CNN  

Rochester, Minnesota CNN — On the Sunday before Thanksgiving, a grocery store here was plumb out of eggs. And it’s not just eggs — shoppers have seen jumps in beef, coffee and non-alcoholic beverages, driving up overall grocery prices to their largest monthly gain since January 2023. “Overall grocery price inflation is relatively tame; it’s essentially in line with where …

Grocery inflation rises as supermarket trips hit four-year high
1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Grocery prices at Coles and Woolworths go up and down. What's behind the pattern?
2 months, 2 weeks ago

Grocery prices at Coles and Woolworths go up and down. What's behind the pattern?

ABC  

If you were to grab a box of Cadbury Favourites off the supermarket shelf, how much would it cost? The thinking behind high-low price changes Sanjoy Paul, an associate professor in operations and supply chain management at the University of Technology Sydney's business school, said these price movements were a retail strategy called "high-low" pricing. Sales prices condition consumers Dr …

How do Australia's grocery prices compare to the UK, Ireland and New Zealand?
3 months, 1 week ago

How do Australia's grocery prices compare to the UK, Ireland and New Zealand?

ABC  

We all know the cost of groceries has gone up in Australia. "While we do not go as far as to say that Woolworths and Coles control prices, they possibly monitor each other's moves very closely," Dr Macau said. The comparison looked at the two largest supermarkets in each country, to mimic Australia's Coles-Woolworths duopoly, which has 65 per cent …

Aldi is still cheaper than Coles and Woolworths, which are 'almost identical on prices', Choice survey finds
3 months, 2 weeks ago

Aldi is still cheaper than Coles and Woolworths, which are 'almost identical on prices', Choice survey finds

ABC  

Buying a basket of Aldi groceries is $18 cheaper when compared with the same items sold at Coles and Woolworths, according to new Choice research, which again found little price difference between the two major grocers. Shopping List: Apples Carrots Weet-Bix Sliced white bread Flour Penne White sugar Tea bags Tinned diced tomatoes Block of tasty cheese Full-cream dairy milk …

ACCC report finds Australians have lost trust in supermarkets as it focuses on Coles and Woolworths' market power and barriers to entry
3 months, 2 weeks ago

ACCC report finds Australians have lost trust in supermarkets as it focuses on Coles and Woolworths' market power and barriers to entry

ABC  

A new report from the Australian Competition and Consumer Commission has found many Australians have lost trust in supermarkets as it investigates Coles and Woolworths' market power and potential barriers to entry in the sector. Mr Keogh said food price inflation is lower in Australia than in most OECD countries but they will be looking closely at the extent to …

Chocolate prices soar in bad news for Halloween revellers
3 months, 3 weeks ago

Chocolate prices soar in bad news for Halloween revellers

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Our research shows that despite overall food and drink inflation continuing to fall, chocolate …

Old Woolworths receipt exposes grim reality of shopping in Australia today
4 months ago

Old Woolworths receipt exposes grim reality of shopping in Australia today

Daily Mail  

An old supermarket docket has exposed just how much more Australians are paying at the checkout. 'Australians are now paying up to 200 per cent more for basic grocery items than they were a few years ago! An old supermarket docket has exposed just how much more Australians are paying at the checkout A 1.25l bottle of Coke is now …

Woolworths boss walks away from the supermarket with multi-million dollar payout as Oxfam declares Aussies are fed up with Woolies and Coles duopoly
4 months, 1 week ago

Woolworths boss walks away from the supermarket with multi-million dollar payout as Oxfam declares Aussies are fed up with Woolies and Coles duopoly

Daily Mail  

Woolworths CEO Brad Banducci has left the grocery giant with a payout reported to be as much as $24million as new research shows struggling Aussies want more accountability from the big two supermarkets. Woolworths, which makes 2.5 cents off every dollar spent, this week announced an initial net profit of $1.7 billion, down 0.6 per cent from the year before. …

Annual inflation rises to 3.8 per cent, up from 3.6 per cent at start of the year
5 months, 1 week ago

Annual inflation rises to 3.8 per cent, up from 3.6 per cent at start of the year

ABC  

Australia's annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. "Excluding these changes to CRA, rents would have increased by 9.1 per cent over the 12 months to the June 2024 quarter," the ABS said. Annual growth for insurance premiums remains high Insurance prices also continued to record …

Food prices are no longer rising as much — but here's why it might not feel that way
5 months, 4 weeks ago

Food prices are no longer rising as much — but here's why it might not feel that way

NPR  

Food prices are no longer rising as much — but here's why it might not feel that way toggle caption Justin Sullivan/Getty Images North America Grocery prices are no longer climbing as much as they did in the last two years — but many Americans are still frustrated by what it costs to put food on the table. Here are …

The everyday supermarket foods Aussies have stopped eating due to 'absurd' price hikes: 'Repulsive'
8 months ago

The everyday supermarket foods Aussies have stopped eating due to 'absurd' price hikes: 'Repulsive'

Daily Mail  

Aussies have listed the supermarket buys they can no longer afford Fed-up shoppers are naming the food and grocery items they've had to give up amid increasing price hikes across the country. Listing the every day items in a budget-themed Reddit thread, Aussies agreed ice cream, steak and fresh berries were among the first to be cut from their supermarket …

Woolworths flags customer caution amid sales slowdown and cost-of-living pain
8 months, 1 week ago

Woolworths flags customer caution amid sales slowdown and cost-of-living pain

Live Mint  

May 2 - Australia's Woolworths warned of continued caution among consumers and cost-of-living pressures on Thursday, even as inflation moderated, as the supermarkets operator faced a slowdown in sales from its biggest segment, Australian Food. "Customers are looking for more ways to save," Banducci said, while customer segments across the Australian Food division reported highest levels of concern amid a …

Food inflation eases as price of meat, crumpets and chocolate biscuits fell last month, ONS says
8 months, 3 weeks ago

Food inflation eases as price of meat, crumpets and chocolate biscuits fell last month, ONS says

Daily Mail  

The pace of UK food inflation fell to the lowest annual rate since November 2021 in March, official figures from the Office for National Statistics show. Overall, prices for food and non-alcoholic drinks increased by 4 per cent in the year to March, down from 5 per cent in the year to February, the ONS said. The ONS data showed …

Supermarket price gouging: Rise in farmers selling directly to customers
10 months, 1 week ago

Supermarket price gouging: Rise in farmers selling directly to customers

Daily Mail  

A growing number of Aussie farmers want shoppers to buy directly from them as supermarkets come under increased scrutiny due to rising prices. Pictured is Bianca Tarrant and Dave McGiveron, founders of farm-direct service Our Cow A growing number of Australians are opting to use farm-direct delivery services than buy their weekly shop at major supermarkets like Coles and Woolworths …

How did Coles and Woolworths become so powerful? The story of the big two supermarkets
10 months, 2 weeks ago

How did Coles and Woolworths become so powerful? The story of the big two supermarkets

ABC  

Australia is the land of the supermarket duopoly — where the big two of Coles and Woolworths control 65 per cent of the grocery market. "One of the key strategic innovations in Australian business history is that both Coles and Woolworths pivot in the 1950s … They decided to go into food." Gary Mortimer, a professor of marketing at Queensland …

Supermarket industry insiders reveal how Coles and Woolworths profit off rising prices
10 months, 3 weeks ago

Supermarket industry insiders reveal how Coles and Woolworths profit off rising prices

ABC  

In short: Emails show how Coles increases the prices you pay for products in return for one-off payments from its suppliers. Shoppers 'getting screwed' The emails show Coles received a one-off payment from a multinational supplier for allowing a price increase, then passed on this cost to customers. The price increase of around 5 per cent, which the supplier sought …

Supermarkets as you know them are disappearing from our inner cities — and it means more uncertainty about what you'll pay
10 months, 3 weeks ago

Supermarkets as you know them are disappearing from our inner cities — and it means more uncertainty about what you'll pay

ABC  

Supermarkets as we once knew them are quietly disappearing from inner-city suburbs. Springing up in their place are boutique "metro" or "local" iterations, a version of a Woolworths or Coles grocery store that depending on where you are could mean it's smaller than a traditional supermarket, stocks a bespoke range of local products, hosts a sushi bar, artisan bakery, or …

How inflation has hit your shopping basket
10 months, 3 weeks ago

How inflation has hit your shopping basket

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A slowing of inflation among many everyday food and drink items, including cheese and …

Coles and Woolworths make their defence on supermarket prices to Senate inquiry
11 months ago

Coles and Woolworths make their defence on supermarket prices to Senate inquiry

ABC  

In short: Coles has pointed to wage rises, supplier cost increases and high energy prices as some reasons for high grocery prices in recent months. "We work constructively with our suppliers on promotional campaigns to offer great value to customers and to limit or defer the impact of supplier cost price increases to keep costs low for customers." Woolworths confident …

Greens move to establish Senate inquiry into allegations of price-gouging by Coles and Woolworths
1 year, 1 month ago

Greens move to establish Senate inquiry into allegations of price-gouging by Coles and Woolworths

ABC  

The Greens say an inquiry can find a way to "dismantle" the power of Australia's two major supermarkets and bring down soaring grocery prices. Key points: The Greens want the Australian parliament to interrogate the costs and revenues of the major supermarkets While food inflation has eased this year from its 9.2 per cent peak in December 2022, it is …

More Australians shopping for groceries online to ensure they're getting value for money as cost-of-living pressures remain
1 year, 3 months ago

More Australians shopping for groceries online to ensure they're getting value for money as cost-of-living pressures remain

ABC  

Sarah Woodland was one of thousands of people who turned to online grocery shopping during the pandemic, but she is part of a growing trend of people who are staying away from physical stores during their weekly shop. Key points: Consumers are shopping at multiple stores to get the best deal on their grocery shop Online stores like Amazon, Catch …

Fruit and vegetable prices to rise due to El Niño - after costs fell 'significantly' at Woolworths and Coles
1 year, 4 months ago

Fruit and vegetable prices to rise due to El Niño - after costs fell 'significantly' at Woolworths and Coles

Daily Mail  

Australians could soon be paying more at the checkout for fruit and vegetables as the nation braces for hot and dry months ahead. The dry conditions could lead to poor crop yields, raising fresh produce prices - which is what happened last year due to La-Nina conditions. Woolworths General Manager of Fruit & Veg, Paul Turner told Daily Mail Australia …

Coles is called out over price of 'tiny' grocery haul - as female tradie breaks down in tears over Australia's skyrocketing prices
1 year, 4 months ago

Coles is called out over price of 'tiny' grocery haul - as female tradie breaks down in tears over Australia's skyrocketing prices

Daily Mail  

A young Aussie has exposed how much his tiny haul of groceries cost, just days after Woolworths and Coles posted enormous multi-billion dollar profits. The Coles grocery haul included cage-free eggs, soy milk, twiggy sticks, bacon, rice, coffee, dog food, onions, garlic and carrots. While Woolworths and Coles posted enormous multi-billion dollar profits this week, a young man made it …

Woolworths posts massive profit of $1.62billion - as it warns Aussies prices will keep rising
1 year, 4 months ago

Woolworths posts massive profit of $1.62billion - as it warns Aussies prices will keep rising

Daily Mail  

Australia's biggest supermarket chain Woolworths has seen its profits surge as shoppers battle high inflation. Chief executive Brad Banducci also received a 17 per cent or $1.25million pay rise as he spoke about customers doing it tough. The Woolworths Group, which includes supermarkets and discount store Big W, recorded a $1.62billion profit in the year to June, up 4.6 per …

Dairy, frozen and tinned food costs rise as Coles announces full-year profit
1 year, 4 months ago

Dairy, frozen and tinned food costs rise as Coles announces full-year profit

ABC  

In short: The price of groceries is going up across the board, data from Deakin University shows, including for staples like canned goods and frozen vegetables The price of groceries is going up across the board, data from Deakin University shows, including for staples like canned goods and frozen vegetables What's next? Coles has revealed a 4.8 per cent full-year …

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz
1 year, 6 months ago

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But Mr Jones pressed: “How can it be possible that you are making hundreds …

How much grocery prices have gone up at Woolworths and Coles from 2019 to 2023
1 year, 6 months ago

How much grocery prices have gone up at Woolworths and Coles from 2019 to 2023

Daily Mail  

Australians have been feeling the pinch at the supermarket check out, and now analysis by Daily Mail Australia shows precisely how much the prices of staple products have risen. LET US KNOW IN THE COMMENTS Analysis conducted by Daily Mail Australia shows products, once considered staples in households across the nation, have risen by as much as 106 per cent …

Brexit has cost UK households £250 in higher food bills, experts claim
1 year, 7 months ago

Brexit has cost UK households £250 in higher food bills, experts claim

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please …

Inflation falls to lowest level in over a year - but food prices remain high
1 year, 7 months ago

Inflation falls to lowest level in over a year - but food prices remain high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation has fallen back to its lowest level in over …

Grocery price inflation drops slightly but remains sky-high
1 year, 7 months ago

Grocery price inflation drops slightly but remains sky-high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. While the figures suggest that inflation is moving in the right direction the 0.1 …

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate
1 year, 7 months ago

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate

ABC  

Australian supermarket food prices have increased by a new peak of nearly 10 per cent over the past 12 months, outpacing annual inflation as the cost of living continues to rise. Key points: Analysis by UBS found food prices at Coles and Woolworths increased to 9.6 per cent in the past 12 months Coles prices increased to 10.5 per cent …

Food prices double in the UK as inflation at ‘shockingly high levels’, data shows
1 year, 7 months ago

Food prices double in the UK as inflation at ‘shockingly high levels’, data shows

The Independent  

Some meat, yoghurt and vegetables are among items that have doubled in price compared to a year ago, new figures show. urged prime minister Rishi Sunak to intervene on behalf of struggling consumers as its latest data shows food inflation remaining at “shockingly high levels”. With levels of food poverty among children having doubled in the year to January 2023, …

Food prices set to come back down soon, supermarket chiefs promise
1 year, 7 months ago

Food prices set to come back down soon, supermarket chiefs promise

The Independent  

Supermarket bosses are said to have told Rishi Sunak’s government that food price inflation has already peaked and costs to the consumer will start to fall in the coming months. It comes after the Bank of England food price pressures had proved more “sticky” than expected as UK inflation remains “stubbornly high”. Top supermarkets assured chief secretary to the Treasury …

UK inflation: Why are food prices rising so much?
1 year, 8 months ago

UK inflation: Why are food prices rising so much?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But food prices increased to 15.7 per cent, the highest …

Food inflation hits a record high – and retailers say price rises ‘have yet to peak’
1 year, 9 months ago

Food inflation hits a record high – and retailers say price rises ‘have yet to peak’

The Independent  

Shop price inflation reached a record high this month, figures show – and there’s more misery for households in store as experts warn soaring food costs have yet to peak. The increasing cost of sugar coupled with high manufacturing costs contributed to price rises for chocolate, sweets and fizzy drinks, while fruit and vegetable prices also rose as poor harvests …

Rising food costs cause people to skip meals, avoid dairy, alcohol, meat to cope financially
1 year, 9 months ago

Rising food costs cause people to skip meals, avoid dairy, alcohol, meat to cope financially

ABC  

Skipping meals, choosing cheaper cuts of meat, and leaving overpriced vegetables out of the shopping basket are some of the cost-saving decisions families are making as food prices soar and mortgage repayments rise. Key points: 70 per cent of Australians are buying different food due to rising prices Welfare recipients say they are skipping meals and relying on donated produce …

Low-fat milk and olive oil top list of increased prices for everyday items
1 year, 10 months ago

Low-fat milk and olive oil top list of increased prices for everyday items

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The rise in the cost …

Aussies share things they no longer buy because they're too expensive amid rising inflation rates
1 year, 11 months ago

Aussies share things they no longer buy because they're too expensive amid rising inflation rates

Daily Mail  

Penny-pinching Aussies are sharing the everyday things they have stopped buying as the cost of living continues to skyrocket. Australians are sharing the everyday things and luxuries they have stopped buying amid skyrocketing inflation rates including beer and alcohol Many budgeters said they've stopped eating red meat like steak and lamb as often or all together as well as meat …

Australians are struggling with increasing cost-of-living pressures. Here's how inflation is driving up the prices of common goods
1 year, 11 months ago

Australians are struggling with increasing cost-of-living pressures. Here's how inflation is driving up the prices of common goods

ABC  

As inflation rose higher than expected during 2022, the rise in the cost of living has significantly impacted Australians in many different areas of their lives. In December 2021, the CPI for food and non-alcoholic beverages was at 3.5 per cent. The cost of alcohol and tobacco was at 1.1 per cent in December 2021, use the slider to see …

Supermarket prices surge and there's more inflation to come, warn analysts
1 year, 11 months ago

Supermarket prices surge and there's more inflation to come, warn analysts

ABC  

Supermarket price increases accelerated over the past three months of 2022, with Woolworths leading the charge, according to research by investment bank UBS. Key points: Food prices at the two major supermarkets were up 9.2 per cent over the year to December Fruit and vegetable prices stabilised in the December quarter, while dairy and meat continued to post double-digit increases …

Inflation is measured using a basket of goods. So how much have prices gone up?
1 year, 11 months ago

Inflation is measured using a basket of goods. So how much have prices gone up?

ABC  

We are spending more on almost everything but just how much more? The monthly consumer price index rose 7.3 per cent over the year to November, up from a 6.9 per cent increase in the year to October. Fuel The ACCC's November 2021 petrol monitoring report showed average retail petrol prices in 2020–21 in Australia's five largest cities were the …

How everyday food items have risen in price in the past 12 months
1 year, 11 months ago

How everyday food items have risen in price in the past 12 months

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Families faced yet another steep …

Stores face questions as price of basic groceries soars by 30%
1 year, 11 months ago

Stores face questions as price of basic groceries soars by 30%

Daily Mail  

Basic groceries, such as milk, butter and cheese, are seeing price rises of up to 30 per cent – sparking suspicions of supermarket profiteering. It found food and drink inflation was at 15 per cent overall across the UK’s eight biggest supermarkets in the year to December. But the consumer watchdog said shoppers believe stores should do more to help …

How everyday food items have risen in price in the past year
2 years ago

How everyday food items have risen in price in the past year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Food and drink inflation surged to the highest in 45 …

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter
2 years, 1 month ago

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

UK food prices set to rise further as farmers face ‘hammering’, MPs told
2 years, 1 month ago

UK food prices set to rise further as farmers face ‘hammering’, MPs told

The Independent  

Britain's food production faces a "hammering" with the worst conditions for farmers "in living memory" likely to push up prices even more over the next year, farming chiefs have told MPs. Minette Batters, president of the National Farmers Union told the House of Commons environment and food committee that huge rises in input costs were "driving massive problems" across all …

Food inflation soars to record 11.6% as energy costs, according to British Retail Consortium
2 years, 2 months ago

Food inflation soars to record 11.6% as energy costs, according to British Retail Consortium

Daily Mail  

Separate data from Trolley shows that tea bags are now on average 41p more than they were in October 2021 The cost of Britain's favourite hot beverage - the humble cup of a tea - has soared by a staggering 16 per cent, figures revealed today. Food inflation hit a record 11.6 per cent in October, according to the British …

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