Price rises are hitting consumers as inflation takes off. These are some items that are going up now
-
Loading... - Lucy Thomas
- 05 May 2023
- 62 Views
- 0 Like
- 0 Comment
Inflation is back in the headlines and, for many Australians, rising prices are a concern.
Soaring fuel costs amid the war in Ukraine — flowing through to freight charges — and Australia's devastating floods are adding to issues with transport and logistics issues already evident during the pandemic.
That's leading to talk of price spikes at many levels, including with one of the most basic necessities: food.
Here are some retailers already experiencing this.
Rocco Tripodi has been selling fresh fruit and vegetables at Melbourne's Queen Victoria Market for years.
In recent weeks, he's lifted the price of a punnet of strawberries from $2.50 to $3.00 – and then again shortly after from $4.00 to $5.00.
Fresh green beans have also soared in a similar space of time, by around 30 per cent, to $15.99 a kilogram.
While fresh produce prices often move seasonally, Mr Tripodi describes what he is seeing right now as "pretty concerning".
"It's disturbing, as we need to pass those costs on, and a lot of our customers are price-sensitive as well. It makes it hard for them," he says. Read More..
