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Business Matters
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The Hidden Cost of Inflation
Karan: I think people are adjusting their behaviour and their purchasing behaviour, because over the last few years there was no toilet paper or you couldn't get there. But it's interesting, you'd be asking some crunching of the numbers of the major supermarket chains here in Australia,. Woolworths and Coles, that have been having record prices. And UBS is claiming overall supermarket costs has gone up 9.6%. Now the latest inflation rates at about 7%.
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