Monday, 27 November 2023

Groceries in deflation says Woolies

Woolies cheaper

Woolworths reports grocery prices are now falling:


This follows on from a pending fall in fuel prices, with petrol prices set to drop over the next month.

Housing construction costs next (and hopefully airfares too).

The government is having a shocker with household energy bills, having campaigned on the reduction of prices for households.

Another horrenous poll this weekend suggests they need to get onto it fairly quickly or there will calls for a spill at this rate...although perhaps there are internal party rules precluding that now?


In other news, SEEK's advertised salary index increased by a modest +0.3 per cent last month.


Having peaked at +5 per cent in December 2022, the annual growth in the index has steadily slowed to +4.6 per cent over the year to October.

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