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Milk, bread prices to increase within weeks due to war in Iran (www.abc.net.au)

submitted 5 hours ago by arbilp3@aussie.zone to c/australia@aussie.zone

7 comments fedilink hide all child comments

Regional areas will be hit hardest by the price rises, as more fuel is required to transport goods further distances from metropolitan distribution centres.

"The cost of fuel and fertiliser is flowing through the supply chain, and we're going to see in metro areas probably a 2 or 3 per cent increase across the board," market analyst and director of Episode 3, Matt Dalgleish, said.

"We're seeing record prices for diesel, and that's what most of Australia's freight runs on.

"In regional areas it could get higher, maybe 10 per cent, depending on how remote the area is and how stretched the supply chain is."

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[–] Zagorath@aussie.zone 6 points 4 hours ago (1 children)

Welp, time to hoard milk and bread I guess.

I honestly think articles like this are irresponsible reporting because they create panic and invite precisely the kind of hoarding that will make the problem more likely to occur.

[–] arbilp3@aussie.zone 3 points 4 hours ago

It's important to be informed about what is happening so that we can hold our politicians accountable in advance and ask them "What are you going to do about this? How are you going to help the most vulnerable? When are you going to take such measures?