Fuel, and now groceries are on the hit list
Almost four months ago, the Australian Competition and Consumer Commission launched its inquiry into the competitiveness of grocery prices.
Since then, the Coffs Coast Advocate has been keeping a regular eye on the process of the inquiry and the prices of groceries in our region.
In the latest instalment of the inquiry, supermarket giant Coles denied using its dominant market position to take advantage of consumers, and has supported the issue of unit pricing, in which prices are listed according to an item's weight or size.
Coles chief operating officer, Mick McMahon, said Coles expects to introduce full unit pricing over a period of 12 months.
"Our view is that unit pricing will benefit customers and we would prefer to see this adopted universally by all supermarkets and food retailers across Australia," he said.
The inquiry is due to report by July 31.
Today we compare prices from yesterday at Coles, Moonee Beach Shopping Centre, from those we took in January.
Noticable increases are in lamb, bread, milk and pasta - but we also noticed a decrease in the price of some fruit and vegetables.