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Food and beverage inflation in Australia rose to 3.2% in the March 2025 quarter, slightly above the previous quarter and the 10-year average. Key drivers include a 12% increase in lamb prices and a 12.4% rise in egg prices due to supply shortages, while dairy products saw mild deflation. Fresh fruit prices surged by 12.2% following Cyclone Alfred's impact.
Australia's food market is normalizing after a tumultuous five years marked by the pandemic, supply chain issues, and inflation. While limited-service and chain operators thrive, full-service restaurants face challenges as consumer spending on dining out declines amid tighter household budgets. Key trends include a shift towards takeaway services, increased popularity of private label products, and a focus on convenience in food purchasing.
James Michael Harvey
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
food price inflation rises as meat and egg costs surge in australia
08:49 01.05.2025
australian food market adapts to new normal after turbulent five years
12:44 17.03.2025
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