Today's 25% Price Hike By Coles Supermarket Milk Sparks Hyper-Inflation Fears For Aussie Consumers!, page-3

  1. 2,578 Posts.
    lightbulb Created with Sketch. 213
    This is fearmongering.

    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.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.