The cost of food is soaring - here’s how Coles is helping to ease the price of groceries
See how you can save on your favourite household products during your next grocery shop.
The cost of food is squeezing household budgets more than most other costs.
Finder’s Consumer Sentiment Tracker shows the bills causing Australians the most stress last month were rent and mortgage repayments (38 per cent), groceries (37 per cent), petrol (28 per cent), and energy (26 per cent).
“The cost of living in Australia is vastly rising and it’s expected to keep rising throughout 2022,” Finder money expert Sarah Megginson said.
“The cost of virtually everything, from breakfast cereal and fruit to petrol and even rent, is rapidly increasing.
“This October, Finder is launching Super Savers month - Aussies can share their best savings tips and tricks – with up to $5000 worth of prizes up for grabs.”
To help ease these cost of living pressures, Coles has announced it will drop the prices of 150 products across supermarkets and online by between 10-40 per cent, and lock these new prices in place until January 31.
Brands included in the “Dropped & Locked” campaign from Wednesday include Steggles, Kleenex, Golden Circle, Kellogg’s, Bulla, Pepsi, Masterfoods, Cadbury, Handee and Whiskas, as well as Coles Free Range Chicken Breast and Coles Beef Scotch Fillet Thin Sliced 400g.
The supermarket giant previously worked with suppliers to lock the price of 1168 products – such as mince, free range eggs, cheese, bread, tuna, nappies and pet food – in August.
“We know it’s been a really tough year for many of our customers and they are looking for prices they can rely on each time they shop to help their household budget go further,” Coles’ Leah Weckert said.
“With Dropped & Locked, they’ll now be able to see where we can provide savings on products Aussies love and keep them locked.
“As we get closer to Christmas, we want our customers to know that they can depend on Coles to bring them reliable value and great prices during the festive season.”
Originally published as The cost of food is soaring - here’s how Coles is helping to ease the price of groceries
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