The Age
·general
·5 hours ago
Bread, milk and fresh vegies: Grocery inflation is creeping back
Grocery prices for staples like bread, milk, and fresh vegetables are set to rise as fuel and fertilizer costs surge due to the US-Israel war on Iran. Farmers estimate an average increase of $341,000 in expenses, leading to a potential 30 percent decline in production. National Farmers’ Federation warns that limited supply will drive prices higher across the board.
Summary by Glance · The Age
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