COL 0.37% $16.06 coles group limited.

Coles Spikes Milk Prices By 25%!, page-4

  1. 2,578 Posts.
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    This is fearmongering, bordering on abject stupidity.

    Supermarkets have been criticised for years for underpaying dairy farmers and have been selling home-brand items at below cost prices in order to draw in customers and profit on other lines of products. It's a well known story.

    A rise that brings a home-brand product price closer to branded competitor products is not a sign of hyperinflation.

    Also, I would suggest using the percentage price comparison against the branded competitor good, say 1L of "Brownes" milk would be better. (~$1.88/L) It would be a much smaller percentage and somewhere around 13% as an example.
 
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