Supermarket prices up 9.2 per cent in final months of 2022

| 24.01,23. 12:45 PM |

Supermarket prices up 9.2 per cent in final months of 2022


paying for groceries at the supermarket
Grocery prices are on the rise around Australia. (Getty)

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.



(Votes: 0)

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