Supermarkets slash prices on Easter staples amid cost of living crunch

Supermarkets slash prices on Easter staples amid cost of living crunch
Australian customers are anticipated to collectively spend $1.7 billion on sizzling cross buns, goodies and different meals this Easter, in line with the Australian Retailers Association.
On common, households will spend $100 per head on meals and chocolate for Easter Sunday preparations – and specialists warn that it may get much more costly after a string of consecutive rate of interest hikes.
Australian customers are anticipated to spend $1.7 billion on sizzling cross buns, goodies and different meals this Easter. (Daria Nipot – inventory.adobe.com)

“I don’t think we have soon the worst of it yet, we are still seeing interest rates going up, we are seeing budgets getting tighter,” Neil Rechlin, companion at lending expertise supplier NextGen, mentioned.

“I think it’s going to get worst before it gets better, unfortunately.

“I feel for a lot of it’ll be a tricky Easter”

Major supermarkets are doing what they can to make the holiday more affordable for the average Australian family, some slashing prices by 50 per cent.

Coles has 40 to 50 per cent off of their easter confectionary range and is offering a two-for-$6 deal on hot cross buns.

They are also offering discounts on some prawns, including $1.25 off of cooked black tiger prawns, totalling about $27 per kilogram.

Supermarkets are offering discounts on some easter food items as the price of groceries soars during the cost of living crisis.
Supermarkets are offering discounts on some easter food items, including seafood and hot cross buns. (Instagram)
Woolworths is also offering a two-for-$6 deal on hot cross buns, and have discounted their tiger prawns to $30 per kilogram.

There are also deals on some easter chocolates.

Aldi is offering the cheapest chocolates, starting at $1.50 each.

The reductions come after supermarkets reported record-high income earlier within the 12 months.

Source: www.9news.com.au