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Aussie Food Prices Decline Fastest In Developed World


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According to the OECD Australia's food prices dropped 2.7% in the year to September making it the fastest decline in the Western world.

 

This of course comes after perhaps the highest price rises n the developed world between 2000 and 2009.

 

I certainly felt the prices going up but can't say have noticed a decline in much besides what went up after the cyclones.

 

Anyone feel we are getting cheaper?

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Guest chris955

I read an article about that yesterday, almost every comment after the story said they just see things getting more expensive, not less. As you say after years of big increases a small one is welcome but its hardly compensation for everything else going up.

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Guest Ptp113
I read an article about that yesterday, almost every comment after the story said they just see things getting more expensive, not less. As you say after years of big increases a small one is welcome but its hardly compensation for everything else going up.

 

While everything in Blighty goes down in price? Pom economy must be going gangbusters!

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It's a load of bollox. Don't know where they plucked it from but (IMHO) it is flawed via the pervious abnormally high fruit and veg prices (supposedly) due to drought and flood. I'm the "housekeepr" in our home and I can clealry see a phenomenal rise in some meat products in the last 2 years, particularly meats that would be considered "low grade" such as bbq (shoulder) lamb chops and belly pork. Belly pork was $15 a kilo in coles a few weeks ago when it was around $9 2 yrs ago. Lamb chops they couldn't give away at 4.99 are now in the region of $9. I was buying apples from coles (2 yrs ago) @ 1.99 a kilo, now the average price is double that. I could quote loads of other examples.................apart from that, any reduction in food prices is well offset by the rise in utility prices.

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I have noticed a few more Home Brands being introduced by Woolies at the expense of a superior product which disappears from the shelves. Admittingly a little cheaper......but a little inferior and when other brands are no longer what's to stop the big boys raising costs on home brands?

 

Meat has shot through the roof in recent years and not only poorly quality by and large but rip off prices as well......

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I have noticed a few more Home Brands being introduced by Woolies at the expense of a superior product which disappears from the shelves. Admittingly a little cheaper......but a little inferior and when other brands are no longer what's to stop the big boys raising costs on home brands?..

 

I don't know why people get so exercised by this here....it doesn't happen anywhere else, where there's much more own branding. Some of the familiar brands here are utter garbage (eg H@ns & Primo cooked meats) and could with being kicked off a few shelves

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We have just got back to the UK from a month in Adelaide (in preparation of a move to Oz in 2013 sometime) so we were paying particular attention to cost of goods and services as we'd been expecting things to be significantly more, however we generally felt prices were not as high as we were expecting.

 

I know you can go for specfic prodcut by product comparisons and get carried away by it all, but generally we found fresh food (Meat, fruit and veg) to be quite reasonable, and even cheaper especially if you were prepared to go to the markets as a part of regular shopping trips. Processed good were usually comparable or a bit more expensive. Beer was a little more, wine was cheaper (for known labels, not the spillage and dreggs mopped off the floor and bottles up for a £2.99 special), spirits were more expensive.

 

We also found you could burn through money quickly on things like stopping for lunch or coffee at the shopping malls. If you've got kids I would definitely recommend making sure you take your own drinks and snacks.

 

Overall the trip took away our fear of excessively priced food, but like anything you need to look out for specials, know where to shop, plan you meals and shopping in advance.

 

Just need a miracle cure to the exchanges rates and our UK house to sell before we can move.

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