ABC News – Top stories ·general ·2 hours ago

The 'double-headed monster' set to push up prices at the check-out

Packaging companies are facing rising costs due to supply disruptions caused by the ongoing conflict in the Middle East. Norco's CEO estimated an increase of about $1.6 million per month, prompting major supermarkets like Coles and Woolworths to hike milk prices by 10 to 20 cents. The cost of food-grade resin has surged 110 percent since the war began.

Summary by Glance · ABC News – Top stories

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