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The New Daily
The New Daily
Business
Matthew Elmas

‘Increases are coming’: Supermarket suppliers push for higher prices amid soaring costs

Supermarkets are facing pressure to raise grocery prices amid surging supply chain costs. Photo: TND

Your weekly trip to the supermarket is about to get more expensive, with big supermarkets facing renewed pressure to pass on rising food costs.

In more bad news for household budgets in 2022, suppliers to the likes of Coles, Woolworths and Aldi are asking retailers for a range of price increases to help offset soaring freight costs amid the Omicron crisis.

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