Coles share price: What Coles' $1 pasta tell us about inflation as supermarket giant's net profit rises - The Australian Financial Review

Customers at Coles are trading down to cheaper products as inflation bites. Chief executive Steve Cain says price growth will ease, but not for six months.

Supplier price increase requests are still about five times pre-COVID-19 levels, and some suppliers are asking to lift prices for the second and even third time as their cost bases rise. Cain says C… [+3803 chars]

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