Coles and Woolworths brace for 4 percent grocery price inflation rise

Coles and Woolworths have been warned to brace for increased food prices due to inflation stemming from the Iran war. Analysts expect grocery inflation to rise by 4 percent annually, exacerbated by higher transportation and fertilization costs. Both companies face scrutiny over pricing practices, complicating their approach to managing margins amid rising costs.

Summary by Glance · SMH