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The New Daily
The New Daily
Business
Derek Rose

Woolworths says food inflation ‘frustratingly elevated’

Woolworths Inflation Woolworths Group Big W Brad Banducci
The Woolworths Group says shelf prices rose by 5.8 per cent in the third quarter. Photo: AAP

The Woolworths Group says shelf-price inflation remains “frustratingly elevated” because of industry-wide cost pressures, despite some moderation.

The supermarket and Big W operator announced on Tuesday that its third-quarter sales rose eight per cent to $16.4 billion compared with a year ago.

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