Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

Norge Nyheter Nyheter

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead
Norge Siste Nytt,Norge Overskrifter
  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living.

will likely see growth in their half-year profit, according to analyst estimates, helped by higher shelf prices and lower COVID-19 related costs.

Australian households face higher grocery and energy bills due to global inflationary pressures, while budgets are further squeezed by higher mortgage payments because of the central bank's rate hikes aiming to quell inflation.estimate"There's a bit of a disconnect between confidence and reality at the moment - the confidence levels are low, but people are still spending.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Reuters /  🏆 2. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Super Bowl 57: The car ads of The Big Game in 2023Super Bowl 57: The car ads of The Big Game in 2023Ram surprise\u002Dreveals its production EV pickup, GM reps its Netflix tie\u002Dup, and the \u0022Fast and Furious\u0022 franchise begins its end
Les mer »

Dragon Ball Super CG Value Watch: Fighter’s Ambition In February 2023Dragon Ball Super CG Value Watch: Fighter’s Ambition In February 2023Son Gohan, Beyond the Ultimate SCR has become the 10th overall most valuable card in DragonBallSuper Card Game. DBSCG DragonBall
Les mer »

Mark Bertolini & Darryl Knickrehm Feeder in Sumerian May 2023 SolicitsMark Bertolini & Darryl Knickrehm Feeder in Sumerian May 2023 SolicitsMark Bertolini & Darryl Knickrehm's Feeder in Sumerian May 2023 Solicits feeder sumerian sumeriancomics mark_bertolini DarrylKnickrehm
Les mer »

Citroën ë-C4 X Review 2023Citroën ë-C4 X Review 2023The new Citroën ë-C4 X reworks the ë-C4 coupé SUV into a saloon with a bigger boot and a slightly longer range. But should you spend the extra over the standard ë-C4? We’ve been finding out -
Les mer »

A Guide to the Best of London in February 2023A Guide to the Best of London in February 2023London is ready for spring. On the back of London Fashion Week, the city is bustling with new openings across theater productions, art exhibitions, restaurant openings and wellness treatments.
Les mer »

Tri-C JazzFest announces 2023 lineup: Samara Joy, Herbie Hancock, Angélique Kidjo, moreTri-C JazzFest announces 2023 lineup: Samara Joy, Herbie Hancock, Angélique Kidjo, moreFive-time Grammy winner Angélique Kidjo, with special guest, world-class bass player Richard Bona, kicks off the festival with a concert at the Mimi Ohio Theater on Thursday, June 22.
Les mer »



Render Time: 2025-03-09 19:40:35