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Australian grocery prices in free fall, says government
date:Jul 27, 2012
The Australian Bureau of Statistics has reported that grocery prices have fallen over the past year as household staples such as fruit, vegetables and bread have all gotten cheaper.
The Bureau of Statistics says the price of cheese has slipped 1.9 per cent in the past year, meat and seafood 2.1 per cent.
The annual consumer price index (CPI) released on Wednesday shows that the annual inflation rate has fallen to 1.2 per cent, the lowest level in over a decade.
Federal Treasurer Mr Wayne Swan sa

12/25 15:54