"Rising commodity prices were not realy inflationary"
Nah not if you don't these raw material food commidity rises over the last 6 months.
palm oil up 40%
Dairy 100%+
Wheat. almost 100%
Although sugar has come back 18%.
The food manufacturers will be raising prices where they can in coming months
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- market down 7pc since rudd got in
market down 7pc since rudd got in, page-24
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