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Pedestrian.tv
Pedestrian.tv
National
Soaliha Iqbal

FML: Grocery Costs Are Expected To Soar Bc Supermarket Price Freezes Are About To Expire

Remember when lettuce cost $12 a head and your $50-a-week grocery list suddenly set you back $100? Unfortunately those wild times could return as major supermarkets like Coles and Woolworths end their months-long price freeze. Coles and Woolies implemented a price freeze on almost 200 products and produce mid-last year after Australia’s inflation spiked to “fkn ouch” levels. The move was designed to provide shoppers with a little bit of certainty so we wouldn’t have to count our coins to see if we could afford to make a coleslaw. I don’t know about you, but it was a huge help for me to know for certain that I could afford my groceries each week. This is all about to come to an end though because the price freezes were only temporary. Coles is set to end its price freeze on January 31 and Woolworths’ freeze expired in December. If you’re feeling a little alarmed by that, I don’t blame you. Fresh produce prices rose by a huge 16.2 per cent in the year until September 2022, according to the Australian Bureau of Statistics. Mind you, inflation was at a 30-year-high of 7.3 per cent
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