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New study finds Woolworths prices are higher compared to a year ago
ABC NEWS (Australia)
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8 months ago
A new report has found the average grocery basket at Woolworths is costing shoppers more than it did a year ago.
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00:00
Over the past year Consumer Advocacy Group Choice have travelled across the country visiting
00:07
104 Australian supermarkets where they've been recording the average price of grocery
00:13
items.
00:14
Now they were targeting specifically 14 common items that usually are on everybody's shopping
00:19
list and that includes beef mince, milk, carrots and apples.
00:23
And what they found was that Coles and Aldi over the course of a year had significantly
00:28
declined in the average basket of shopping items in that price and that was both with
00:32
and without specials.
00:34
However Woolworths over the course of the year with that same basket of grocery items
00:38
had increased by more than 3.7% and that was with specials as well.
00:44
So just to put this into perspective that difference works out to be about $1.70 per
00:49
weekly shop.
00:50
Over the course of a year that weekly shop would cost Aussie consumers about $90 but
00:56
it is worth noting that most people when they go for their average shop do spend and
01:01
buy a lot more than just 14 common grocery items.
01:05
Now this all comes a week after the ACCC has released its report and its findings which
01:10
found that supermarket giants had limited incentive to compete on prices.
01:15
So today Choice has again called on the Federal Government to implement one of those 20 recommendations
01:20
from the ACCC to sort of increase their price transparency among those supermarket prices
01:27
and that is something that while it is deeply concerning has certainly been a blow to many
01:32
Australians across the country who continue to feel that cost of living bite.
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