Sydney grocery prices have shot up 40% in the last 30 months according to new statistics out by the Australian Bureau of Statistics.


Eggs have seen the biggest rise of 38% with a dozen now priced at AUS$4.10 (US$3.82) compared with AUS$3.05 in September 2005.


Also high on the price list is baby food which has seen a 52% increase, bread has seen a 32% increase, as have tomatoes.


Rising food prices are continuing globally. In the UK the increases have added nearly GBP600 to a family’s annual grocery bill in the past year, driving shoppers to economise and leading to the first fall in high street sales in almost two years.


In the US, retail food prices have risen 4% in the last year, the biggest jump in 17 years, according to the US Department of Agriculture, with another 3-4% rise expected this year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.