Ads
Supermarket prices up 9.2 per cent in final months of 2022
| 24.01,23. 11:45 AM |
Supermarket prices up 9.2 per cent in final months of 2022
The cost of living crisis continues to accelerate with new figures showing how much grocery bills rose in the last months of 2022.
Newly-released data shows supermarket prices rose 9.2 per cent overall in the final quarter of the year - up from an 8.2 per cent increase the previous quarter.
Investment bank UBS tracked 60,000 different products from Coles and Woolworths, and found steep price rises among popular food groups.
Dairy prices rose by 14 per cent, led by a 24 per cent surge in cheese.
Butter prices also rose 18 per cent.
Meat prices overall lifted 10 per cent, with pork up 16 per cent and lamb up 10 per cent.
Fruit and vegetable prices, which had lifted earlier in the year due in part to the repeated flood crises in eastern Australia, remained stable.
With rising grocery prices linked to high inflation across Australia, experts are saying the numbers are unlikely to deflate any time soon.
Other News
Man dies after being pulled from the surf on Sydney's Northern Beaches
Renewed calls for Bundaberg flood evacuation route on 10th anniversary of Cyclone Oswald
New toll rebate scheme for eligible NSW drivers starts today
NSW Police pursuit ends in two deaths on M4 motorway at Homebush in Sydney's west
Man seriously injured after becoming trapped inside fallen crane
Man charged with torture after Brisbane boy found with critical injuries
Queensland government deploys 'world-first' cameras to stop speeding in school zones
Four men charged after alleged abduction of Hamzy associate in Sydney's northern beaches
Social media scammers posing as ATO workers stealing personal details and money
Four men in custody after alleged abduction of Hamzy associate at Manly
NSW police boost to target bikie gangs in regional areas
Mother-of-two missing after fatal WA boat crash kills her friend
Man falls asleep in drive-through, wakes up to police breathalyser test
NSW Labor commits to treaty consultations with Indigenous community if elected in March
Anthony Albanese and billionaire Bill Gates meet to discuss climate change and health
Victorian man charged over 'Hi Mum' scam texts
Woman dies after '20 metre' tree branch falls on car in NSW Southern Highlands
Queensland cop killers' daughter speaks for the first time
Woolworths closing 250 instore butchers, with only 50 to remain nationwide
Calls to standardise Sydney's 'patchwork' of tolls as new WestConnex tunnel opens
Counter-terrorism police arrest Adelaide teenager accused of 'intent to kill or cause harm'
'Serious concerns' held for Angie Fuller as investigation, search and rescue continues in Central Australia
NSW Labor candidate Khal Asfour steps down claiming 'vicious smear campaign' against him
'Disturbing' sexual predator who drugged Melbourne flatmate faces court
Attempted kidnapping of social media influencer from Gold Coast carpark
'Please come home': Fears for missing Sydney woman
Two Qantas flights from Melbourne turned around due to issues with the planes
Melbourne family finds deadly snake near kids and warns council - then it goes on to kill a beloved pet in 'avoidable' attack
Woman freed after arm stuck in drain while trying to reach object
One dead and two rushed to hospital after being pulled from water at Gold Coast beach