Less pain at the petrol pump, but more pain is coming on grocery bills
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Source: The Age
Published: 2026-07-08 23:00 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Economy & Finance, Food & Agriculture, World News, War & Conflict
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Snippet:
Food prices are likely to continue climbing as the fallout from the war against Iran ripples from farms through to the nation’s grocery distribution system, the Reserve Bank’s chief economist has warned, as the International Monetary Fund cautions the fallout from the Middle East is not over yet.
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