Opinion
Steven Cain says Coles has produced a “solid” result and some prices are coming down but he is not predicting an overall moderation in food inflation before 2023.
The iceberg lettuce is back, Coles chief executive Steven Cain says happily.
A few months ago, the soaring price of lettuce became the humble symbol of broader problems in the Australian economy – from terrible floods to supply chain shocks to shortages of almost everything to rising inflation.
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Original URL: https://www.afr.com/policy/economy/lettuce-price-falls-don-t-spell-the-end-of-food-inflation-20220824-p5bceg
