Inflation and food prices on the rise

The latest Consumer Price Index (CPI) data from the Australian Bureau of Statistics (ABS), has shown food prices recording the highest year-on-year rise in more than a decade, at 4.3 per cent.

Inflation and food prices on the rise Inflation and food prices on the rise Inflation and food prices on the rise Inflation and food prices on the rise Inflation and food prices on the rise

Food and fuel prices are going up substantially.

In its regular Market Commentary report, Rabobank said consumers should be bracing for further food price rises in coming months, as the impacts of higher transport costs, supply chain disruptions and

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