Coles Denies Price Gouging, Says Food Inflation Is A Global Problem

Feb 27, 2024  · Coles Denies Price Gouging, Says Food Inflation Is A Global Problem February 27, 2024 7:57 AM ... saying food inflation was a global problem and its margins were steady. ...


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Coles CEO Rejects Supermarket Price-Gouging Allegations, Says …

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Feb 26, 2024  · On Tuesday, Coles presented figures that showed food price inflation in Australia was 18.8% from December 2019 to 2023, lower than the U.K., Europe, U.S., New Zealand …

morningstar.com

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Australia Threatens Billion-dollar Fines For Supermarket Price Gouging

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Jun 24, 2024  · Breaches would result in fines ranging from A$10mn (US$6.6mn) to up to 10 per cent of revenue over a year-long period. Michael Simotas, an analyst with bank Jefferies, said …

ft.com

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Coles Profits Edge Up, But Inflation Hurts Both Consumers And …

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Aug 24, 2022  · Key points: Coles recorded a 4.3 per cent increase in profit to $1.05 billion. The supermarket giant says many of its suppliers are requesting price increases for their products …

abc.net.au

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Is Price Gouging Real? Who’s Doing It? Is It Driving Inflation?

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3 days ago  · The annualized Consumer Price Index (CPI) increased from about 1.5% to over 9%. The CPI has cooled off since, but prices today are 21% higher overall than before the …

forbes.com


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