Brisbane Times
·general
·2 hours ago
Coles and Woolworths confront rising food prices amid ongoing Iran war
Coles and Woolworths are facing rising food prices due to the ongoing Iran war, which has exacerbated inflation. Experts expect food inflation to increase to 4 percent annually, impacting various products from milk to bread. The supermarkets, already scrutinized for misleading discount practices, will likely proceed cautiously amid heightened regulatory scrutiny.
Summary by Glance · Brisbane Times
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