Prices in Australia leave shoppers stunned as inflation surges - Printable Version
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Prices in Australia leave shoppers stunned as inflation surges - Levin - 03-02-2023
Jonathan Pearlman
For The Straits Times
UPDATED 9 HOURS AGO
SYDNEY - A shopper in a Melbourne supermarket recently bought a packet of his favourite chips and was stunned by the price tag of A$7.60 (S$7.07) – 71 per cent higher than only two years ago.
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In 2020, three staple food items – a tub of butter, a packet of sliced cheese (24 slices) and a kilogram of lamb – at supermarket chain Coles would have cost A$27.50 in total. Today, the same items go for A$37.20, an increase of 35 per cent.
Australia’s annual inflation rate has been steadily increasing for a year and reached 7.8 per cent in the last quarter of 2022, the highest level since 1990. Some of the steepest rises have been for essentials such as food, electricity and rent.
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Growing numbers of people are requesting support from charities
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But the price shocks seem likely to continue.
Recently, a shopper posted an image of six bananas, a 2-litre bottle of milk and a loaf of sourdough bread with the comment: “A$12.50 in 2023”.
https://www.straitstimes.com/business/prices-in-australia-leave-shoppers-stunned-as-inflation-surges
RE: Prices in Australia leave shoppers stunned as inflation surges - sclim - 03-02-2023
australia needs online direct sale to bring produce from farm directly to home.
the middleman inflation looks too much.
RE: Prices in Australia leave shoppers stunned as inflation surges - lvlrsSTI - 03-02-2023
(03-02-2023, 08:47 AM)sclim Wrote: australia needs online direct sale to bring produce from farm directly to home.
the middleman inflation looks too much.
Expensive housing and high inflation make Australia no longer liveable.
RE: Prices in Australia leave shoppers stunned as inflation surges - dynamite - 03-02-2023
(03-02-2023, 11:53 AM)lvlrsSTI Wrote: Expensive housing and high inflation make Australia no longer liveable.
If now in Australia will be jialat
RE: Prices in Australia leave shoppers stunned as inflation surges - lvlrsSTI - 03-02-2023
(03-02-2023, 01:00 PM)dynamite Wrote: If now in Australia will be jialat
A few years back a small bottle of mineral water or coke from vending machine cost $3.6, now must be $5 already. Australia was not like that last time, life was pretty cheap.