Grocery giant warns food, staples prices rising, with more increases to come
Woolworths has announced a three-month price freeze on 300 essential items amid rising inflation driven by a fuel crisis, while warning of future price increases for food and staples. The supermarket giant says it will absorb supplier cost increases on the frozen items to support household budgets. Chief executive Amanda Bardwell emphasized greater transparency with customers about pricing pressures compared to the previous inflation cycle.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.