Australia’s inflation crisis captured in one 'shocking' supermarket photo

It’s no secret that the last year has been a financially tough time for Australians, with basic expenses climbing higher than ever.

And it turns out that the rising cost of living is having a particular effect on one of our most beloved snacks – chips.



A recent photo taken at a Coles supermarket drove home the harsh reality of the inflation crisis in Australia, highlighting the nation's struggle with increasing food prices.

In the photo, Coles was selling two bags of Kettle chips at a ‘special’ price of $11 – which many shoppers have labelled as ‘a joke’.

Chip prices have soared in recent months due to low crop numbers and rising production costs.


chips1.jpg
A current Coles ‘special deal’ left shoppers confused. Credit: Srattha Nualsate/Pexels

Global investment bank UBS confirms that prices of dry food items have risen by a hefty 9.4 per cent in the last 12 months, with chips experiencing an astonishing 40 per cent price increase.

These figures come from collated data tracked from over 60,000 items at Australia’s biggest supermarkets, ALDI, Coles, and Woolworths.



The price increases left Australians ‘shocked’, with many taking to social media to express their disappointment about the cost of a snack that once sold for around $3 per 165g bag.

Melbourne woman, Letisha Malakooti, shared her disbelief in a recent video, saying, ‘Literally shocked, I asked the staff at Coles six times if this was right…’ she said in a recent video posted on her social media page.


chips2.jpg
Letisha said she thinks Coles’ promotion is ‘messed up’. Credit: Letisha Malakooti/TikTok

‘Two packets of chips for $11, I thought, “Maybe it's wrong”, but the next one is two packets of chips for $11 too. Since when? What happened to the dollar thirty-five packets?’ She continued.

‘Anyway, I spoke to him, and it’s not wrong. That is the price. I seriously think Coles has messed up.’



Letisha also asked her viewers if anyone could explain ‘what is going on here’, which prompted many social media users to share their own experiences with the current economic situation of the country.

‘Yeah, I nearly had a heart attack really when Woolies wanted over $6 for Kettle chips,’ one wrote.

While someone else agreed and said: ‘I hear you. It’s ridiculous! I’ve seen another packet for $10. It’s a joke.’

‘It’s insane that the chips are so expensive,’ another commented.

You can watch her video below:



Woolworths explained earlier this year that ‘poor growing conditions’ resulted in not enough potatoes being produced to meet consumer demands. This also caused the prices to soar.

As of writing, Coles has yet to release a statement regarding the matter.



Snack Brands Australia CEO Paul Musgrave revealed that rising manufacturing costs have pushed up the prices of some of the nation's favourite snacks.

Musgrave estimates that the price rise will be ‘somewhere like 30 to 50 cents a bag of potato chips’.

‘We’re going to have to take a price rise early in the new year to cover the cost of gas and also the agricultural products that we buy – like corn and potatoes – because all those things have skyrocketed as well,’ Musgrave explained.


chips3.jpg
In a post on Reddit, the same chips brand is revealed to have a price of $7.20 when not discounted. Credit: Reddit

A Woolworths spokesperson stated that they are currently selling a 165g bag of Kettle chips for $3.60 as part of their special deals promotion.

‘Value is more important to our customers than ever, and that's why we offer around 6,000 specials every week,’ the spokesperson said, acknowledging the role of supermarkets in these challenging times.

‘Right now, a range of Kettle chips are on special for $3.60 – which we know will come in handy for long weekend entertaining,’ they added.



Unfortunately, rising prices affect more than just snacks. The impact of inflation looms over the entire cost of living, reminding us of the importance of practical financial planning, as well as finding ways to manage our budgets.
Key Takeaways
  • A Coles ‘special’ deal offering two bags of Kettle chips for $11 has highlighted the toll inflation is having on households as food prices continue to soar.
  • The cost of chips has soared by as much as 40 per cent due to low crop numbers and rising production costs, with dry food items' prices rising by 9.4 per cent in the last 12 months.
  • Many Australians have expressed their disappointment and shock at the rising prices of chips on social media.
  • Woolworths explained in January that poor growing conditions had resulted in not enough potatoes being produced to meet demand, causing prices to spike, and Snack Brands Australia CEO Paul Musgrave revealed that rising manufacturing costs had pushed up snack prices.
Have you experienced any unfair rises in the cost of your groceries lately? Do you still buy chips? Share your thoughts about this story and your own experiences in the comments.
 
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I purchase coles 750g shredded cheese.
Last Monday it was $7.50 a bag and by Friday it had gone up to $10.00.
I am no longer going to be purchasing this product from coles.
I very much doubt that the cheese producer is receiving a price rise from coles for their product.
The main two supermarkets are getting too greedy. Time to shop around or buy in bulk at places like Costco.
I, like many others, subscribe to the thinking that the big 2 Supermarkets want for profit is the basis for the rise in inflation because they still make huge profits.
 
I make my own..it's easy. on sat morning I peel 4 large spuds and get a bottle of oil and in half an hour I have the equivalent of6 bags of chips that keep for weeks, and I make some chilli or curry or vinegar&salt its easy , cost? about 60c the lot. the spices I've already got ..but if not add app 40c...(getting back to old times ). talk to grandma you'll save a fortune....
I think your potatoes would cost more than 60 c
 
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I, like many others, subscribe to the thinking that the big 2 Supermarkets want for profit is the basis for the rise in inflation because they still make huge profits.
You might also like to consider the fact that superannuation in Australia which just about every worker has, relies on companies making a profit. If there is no profit then your super will go down. If there are profits then higher dividends are paid to investors i.e. people with superannuation. You cannot detach one thing without affecting all the other parts that make up the whole.
 
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I purchase coles 750g shredded cheese.
Last Monday it was $7.50 a bag and by Friday it had gone up to $10.00.
I am no longer going to be purchasing this product from coles.
I very much doubt that the cheese producer is receiving a price rise from coles for their product.
The main two supermarkets are getting too greedy. Time to shop around or buy in bulk at places like Costco.
Or perhaps grate the cheese yourself!
 
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Reactions: Jarred Santos
Jusf as we
It’s no secret that the last year has been a financially tough time for Australians, with basic expenses climbing higher than ever.

And it turns out that the rising cost of living is having a particular effect on one of our most beloved snacks – chips.



A recent photo taken at a Coles supermarket drove home the harsh reality of the inflation crisis in Australia, highlighting the nation's struggle with increasing food prices.

In the photo, Coles was selling two bags of Kettle chips at a ‘special’ price of $11 – which many shoppers have labelled as ‘a joke’.

Chip prices have soared in recent months due to low crop numbers and rising production costs.


View attachment 22056
A current Coles ‘special deal’ left shoppers confused. Credit: Srattha Nualsate/Pexels

Global investment bank UBS confirms that prices of dry food items have risen by a hefty 9.4 per cent in the last 12 months, with chips experiencing an astonishing 40 per cent price increase.

These figures come from collated data tracked from over 60,000 items at Australia’s biggest supermarkets, ALDI, Coles, and Woolworths.



The price increases left Australians ‘shocked’, with many taking to social media to express their disappointment about the cost of a snack that once sold for around $3 per 165g bag.

Melbourne woman, Letisha Malakooti, shared her disbelief in a recent video, saying, ‘Literally shocked, I asked the staff at Coles six times if this was right…’ she said in a recent video posted on her social media page.


View attachment 22057
Letisha said she thinks Coles’ promotion is ‘messed up’. Credit: Letisha Malakooti/TikTok

‘Two packets of chips for $11, I thought, “Maybe it's wrong”, but the next one is two packets of chips for $11 too. Since when? What happened to the dollar thirty-five packets?’ She continued.

‘Anyway, I spoke to him, and it’s not wrong. That is the price. I seriously think Coles has messed up.’



Letisha also asked her viewers if anyone could explain ‘what is going on here’, which prompted many social media users to share their own experiences with the current economic situation of the country.

‘Yeah, I nearly had a heart attack really when Woolies wanted over $6 for Kettle chips,’ one wrote.

While someone else agreed and said: ‘I hear you. It’s ridiculous! I’ve seen another packet for $10. It’s a joke.’

‘It’s insane that the chips are so expensive,’ another commented.

You can watch her video below:



Woolworths explained earlier this year that ‘poor growing conditions’ resulted in not enough potatoes being produced to meet consumer demands. This also caused the prices to soar.

As of writing, Coles has yet to release a statement regarding the matter.



Snack Brands Australia CEO Paul Musgrave revealed that rising manufacturing costs have pushed up the prices of some of the nation's favourite snacks.

Musgrave estimates that the price rise will be ‘somewhere like 30 to 50 cents a bag of potato chips’.

‘We’re going to have to take a price rise early in the new year to cover the cost of gas and also the agricultural products that we buy – like corn and potatoes – because all those things have skyrocketed as well,’ Musgrave explained.


View attachment 22058
In a post on Reddit, the same chips brand is revealed to have a price of $7.20 when not discounted. Credit: Reddit

A Woolworths spokesperson stated that they are currently selling a 165g bag of Kettle chips for $3.60 as part of their special deals promotion.

‘Value is more important to our customers than ever, and that's why we offer around 6,000 specials every week,’ the spokesperson said, acknowledging the role of supermarkets in these challenging times.

‘Right now, a range of Kettle chips are on special for $3.60 – which we know will come in handy for long weekend entertaining,’ they added.



Unfortunately, rising prices affect more than just snacks. The impact of inflation looms over the entire cost of living, reminding us of the importance of practical financial planning, as well as finding ways to manage our budgets.
Key Takeaways

  • A Coles ‘special’ deal offering two bags of Kettle chips for $11 has highlighted the toll inflation is having on households as food prices continue to soar.
  • The cost of chips has soared by as much as 40 per cent due to low crop numbers and rising production costs, with dry food items' prices rising by 9.4 per cent in the last 12 months.
  • Many Australians have expressed their disappointment and shock at the rising prices of chips on social media.
  • Woolworths explained in January that poor growing conditions had resulted in not enough potatoes being produced to meet demand, causing prices to spike, and Snack Brands Australia CEO Paul Musgrave revealed that rising manufacturing costs had pushed up snack prices.
Have you experienced any unfair rises in the cost of your groceries lately? Do you still buy chips? Share your thoughts about this story and your own experiences in the comments.

Just as well chips are not an essential food despite being a delicious treat!
 
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Reactions: Jarred Santos
Potato Chips are NOT a staple food. 🙄. Be prepared for higher prices next month when Electricity prices rise 25% and the Minimum Wage rises too. btw Not saying I think workers on min. wage don’t deserve more. 👍 Watch as more restaurants, coffee shops etc have to close as fewer people eat out. 🙁
 
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Reactions: Jarred Santos
I agree
I am getting very tired of people blaming the supermarkets all the time for increasing costs. If you bother to look at your household budget, take note of increases in power, petrol, insurance, rent, mortgage, medical, child care, education and vet bills before you even get to food. Now transfer those bills to the food producers, they have also got power, fuel, rent, mortgage, insurances, and in some cases vet bills to pay along with wages, super, workers' comp insurance before you even get to the raw ingredients. Those raw ingredients include crops destroyed by floods that haven't come back yet e.g. potatoes or wheat which is still affected by exports from Ukraine one of the largest producers of wheat worldwide.

Every time people demand "The Government should DO something" it results in increased costs somewhere, get a pay rise? It increases costs to the business. The business has to increase costs to pay for the increases. Does your insurance cost more? So does business insurance and you will pay for that too. Power prices up? So are power prices up in food production and agriculture. Petrol costs go up? You will pay for that in your own fuel bill AND also in increased costs of the food delivery chain and everything else you buy. Absolutely everything in a supermarket (and every other shop for that matter) gets there by road in trucks, so when fuel costs and toll costs rise so do the delivery costs not only for the delivery companies but also all their customers i.e. supermarkets and their customers will pay i.e. YOU.

The end user, that is the customer, me and you, eventually pay. So if we want higher wages, renewable energy, qualified and experienced child care and aged care workers, Government financial support for those who genuinely cannot help themselves and so on, then get used to paying more for everything.
Yes, people are doing it tough at the moment and it means a good hard look at personal spending. A few lessons from the older generations on how to manage things wouldn't go amiss; a chat to grandparents would unearth good wholesome and CHEAP recipes to feed a family on next to nothing for example.

As for the price of chips? Who cares. They are not an essential food source so are discretionary expenditure. Buy them if you choose, but stop whinging about the cost. Learn to make your own or not. Your choice.
I agree with most of your comments with the exception of supermarket prices. Yes, they have added expenses, the same as everybody else, but not to the extent of the amount they are increasing their prices
It was being discussed in Parliament today that the bulk of inflation is being caused by corporation greed.
Colesand Woolies have both recorded record profits for the last six months, by many, many millions, so them trying to make out they are trying to help their customers with price cuts is a load of bull.
Petrol companies are cutting back on supply to keep prices high.
Insurance companies are increasing prices across the country, supposed
to be because of the floods. Well I didn't see any floods anywhere near my place, but still my costs have increased ridiculously.
Everyone has jumped on the bandwagon, not just to recuperate their costs.
 
Go to Aldi for Cheese $9.60 per kg 😋
Agree. I am in Erskine and do as much shopping as I can at Aldi Halls Head. I always use their liquid washing up detergent and got some today 2 litres for just under $5.50. See Omo is at half price at IGA $14.50 for two litres...someone is pulling our legs!!!!!!!!!!!
 
Potato Chips are NOT a staple food. 🙄. Be prepared for higher prices next month when Electricity prices rise 25% and the Minimum Wage rises too. btw Not saying I think workers on min. wage don’t deserve more. 👍 Watch as more restaurants, coffee shops etc have to close as fewer people eat out. 🙁
Potato chips are $2.32 if my memory serves me correctly for a large bag(at Aldi...taste same as Smiths...out of same facgtory)...bought some today...not someting I buy all the time but like to have a couple now and then with a drink.
 
Shop a
It’s no secret that the last year has been a financially tough time for Australians, with basic expenses climbing higher than ever.

And it turns out that the rising cost of living is having a particular effect on one of our most beloved snacks – chips.



A recent photo taken at a Coles supermarket drove home the harsh reality of the inflation crisis in Australia, highlighting the nation's struggle with increasing food prices.

In the photo, Coles was selling two bags of Kettle chips at a ‘special’ price of $11 – which many shoppers have labelled as ‘a joke’.

Chip prices have soared in recent months due to low crop numbers and rising production costs.


View attachment 22056
A current Coles ‘special deal’ left shoppers confused. Credit: Srattha Nualsate/Pexels

Global investment bank UBS confirms that prices of dry food items have risen by a hefty 9.4 per cent in the last 12 months, with chips experiencing an astonishing 40 per cent price increase.

These figures come from collated data tracked from over 60,000 items at Australia’s biggest supermarkets, ALDI, Coles, and Woolworths.



The price increases left Australians ‘shocked’, with many taking to social media to express their disappointment about the cost of a snack that once sold for around $3 per 165g bag.

Melbourne woman, Letisha Malakooti, shared her disbelief in a recent video, saying, ‘Literally shocked, I asked the staff at Coles six times if this was right…’ she said in a recent video posted on her social media page.


View attachment 22057
Letisha said she thinks Coles’ promotion is ‘messed up’. Credit: Letisha Malakooti/TikTok

‘Two packets of chips for $11, I thought, “Maybe it's wrong”, but the next one is two packets of chips for $11 too. Since when? What happened to the dollar thirty-five packets?’ She continued.

‘Anyway, I spoke to him, and it’s not wrong. That is the price. I seriously think Coles has messed up.’



Letisha also asked her viewers if anyone could explain ‘what is going on here’, which prompted many social media users to share their own experiences with the current economic situation of the country.

‘Yeah, I nearly had a heart attack really when Woolies wanted over $6 for Kettle chips,’ one wrote.

While someone else agreed and said: ‘I hear you. It’s ridiculous! I’ve seen another packet for $10. It’s a joke.’

‘It’s insane that the chips are so expensive,’ another commented.

You can watch her video below:



Woolworths explained earlier this year that ‘poor growing conditions’ resulted in not enough potatoes being produced to meet consumer demands. This also caused the prices to soar.

As of writing, Coles has yet to release a statement regarding the matter.



Snack Brands Australia CEO Paul Musgrave revealed that rising manufacturing costs have pushed up the prices of some of the nation's favourite snacks.

Musgrave estimates that the price rise will be ‘somewhere like 30 to 50 cents a bag of potato chips’.

‘We’re going to have to take a price rise early in the new year to cover the cost of gas and also the agricultural products that we buy – like corn and potatoes – because all those things have skyrocketed as well,’ Musgrave explained.


View attachment 22058
In a post on Reddit, the same chips brand is revealed to have a price of $7.20 when not discounted. Credit: Reddit

A Woolworths spokesperson stated that they are currently selling a 165g bag of Kettle chips for $3.60 as part of their special deals promotion.

‘Value is more important to our customers than ever, and that's why we offer around 6,000 specials every week,’ the spokesperson said, acknowledging the role of supermarkets in these challenging times.

‘Right now, a range of Kettle chips are on special for $3.60 – which we know will come in handy for long weekend entertaining,’ they added.



Unfortunately, rising prices affect more than just snacks. The impact of inflation looms over the entire cost of living, reminding us of the importance of practical financial planning, as well as finding ways to manage our budgets.
Key Takeaways

  • A Coles ‘special’ deal offering two bags of Kettle chips for $11 has highlighted the toll inflation is having on households as food prices continue to soar.
  • The cost of chips has soared by as much as 40 per cent due to low crop numbers and rising production costs, with dry food items' prices rising by 9.4 per cent in the last 12 months.
  • Many Australians have expressed their disappointment and shock at the rising prices of chips on social media.
  • Woolworths explained in January that poor growing conditions had resulted in not enough potatoes being produced to meet demand, causing prices to spike, and Snack Brands Australia CEO Paul Musgrave revealed that rising manufacturing costs had pushed up snack prices.
Have you experienced any unfair rises in the cost of your groceries lately? Do you still buy chips? Share your thoughts about this story and your own experiences in the comments.
 
I agree
I agree with most of your comments with the exception of supermarket prices. Yes, they have added expenses, the same as everybody else, but not to the extent of the amount they are increasing their prices
It was being discussed in Parliament today that the bulk of inflation is being caused by corporation greed.
Colesand Woolies have both recorded record profits for the last six months, by many, many millions, so them trying to make out they are trying to help their customers with price cuts is a load of bull.
Petrol companies are cutting back on supply to keep prices high.
Insurance companies are increasing prices across the country, supposed
to be because of the floods. Well I didn't see any floods anywhere near my place, but still my costs have increased ridiculously.
Everyone has jumped on the bandwagon, not just to recuperate their costs.
Ok then, blame the Middle East for reducing supply, since they are the world's major oil producers. Their production raises and lowers all the time depending on circumstances that are in their own best interest. They restrict production and prices rise. And remember 10% of the price of petrol in Australia is Government taxes. Reduce Government taxes and you reduce available funds for something else such as education, aged care Centrelink payments etc.

Insurance is the process of spreading risk so that when a catastrophe does occur no single entity has to pay the full bill. I too live nowhere near flood planes, and neither am I in a bushfire-prone area. I never park on the street so am never exposed to the hailstorms that so many are victims to. I have security locks on all my windows and doors and have never had a break-in, nor have I ever had a house fire. Yet all my insurances have gone up because of the claims made by those who choose to live in flood planes, bushfire areas or areas of high criminal activity such as break-ins and car theft. God help those in QLD with high child crime! By your reckoning, I should be complaining about all those who have made insurance claims regardless of the circumstances. Of course, I don't like paying more but which is worse? Paying more or not being insured at all?
 
Or perhaps grate the cheese yourself!
I knew that someone would suggest this. 😂
The reason I don’t buy block cheese is because I don’t like grating cheese, parts of my skin and blood end up in it and I have to throw it away so in the long run, it’s cheaper to buy it grated.
 
I purchase coles 750g shredded cheese.
Last Monday it was $7.50 a bag and by Friday it had gone up to $10.00.
I am no longer going to be purchasing this product from coles.
I very much doubt that the cheese producer is receiving a price rise from coles for their product.
The main two supermarkets are getting too greedy. Time to shop around or buy in bulk at places like Costco.
Did you try to buy a block of cheese and shred it at home?
 
Did you try to buy a block of cheese and shred it at home?
Of course I have. I also end up grating my fingers into the cheese mixed with a bit of blood so that’s why I prefer to buy already grated.
 

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