Tag: inflation

Inflationary pressures mount

The Consumer Price Index (CPI) rose 1.8 per cent in the June 2022 quarter and 6.1 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS). The quarterly...

Food, grocery manufacturing costs are key for June inflation

The peak industry body for Australia’s food and grocery manufacturers, the Australian Food and Grocery Council, warns unrelenting cost pressures on the sector could drive annual inflation close to seven per cent...

Frugl unveils Grocery Price Index

Australian grocery comparison app Frugl Grocery has launched a comprehensive analysis of grocery prices in Australian supermarkets. Released quarterly ahead of the Consumer Price Index (CPI), the Frugl GPI is said to track...

Increase in interest rates ‘will be the end for many small businesses’

Retailers have accused the Reserve Bank of Australia Board of moving too quickly to increase interest rates on 7 June, saying the “heavy-handed” approach has not allowed time for last month’s increase...
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