Inflation has been ripping through the weekly shop for the past 12 weeks.  But not every item is rising, Deakin University research reveals.

Broccoli increased by 101 per cent, iceberg lettuce by 100 per cent, tomatoes by 43 per cent and olive oil was also up 33 per cent. But other items like oranges, apples and Edgell four-bean mix 400 grams were cheaper in 2022 than in 2020.

Deakin’s Institute for Health Transformation, lead researcher Christina Zorbas said their research revealed that fruit prices were not as volatile as veggies.

“Across the board, all our staple things like dairy, our meats and our carbs like our pasta and our breads are going up, even just by a little bit,” she said.

Finder research reveals that grocery prices hit a record high in June.

Over a third (34 per cent) of Australians said groceries were amongst their top three most stressful expenses, with petrol, rent/mortgage repayments and energy bills ranking high as well. This increased from 24 per cent in June 2021.

Women were more likely to be stressed about groceries than men at 36 per cent compared with 32 per cent. Gen Z and millennials were also worried about the cost of groceries, with 36 per cent admitting they were stressed about their cost.

According to Finder research, vegetables (12.7 per cent) and beef and veal (12.1 per cent) are the grocery categories which have experienced the highest price increase in the last year.

Fruit is the only category that has seen a drop in price, going down 0.5 per cent.

Zorbas said that consumers would certainly feel the impact of the price increases when they carried out their weekly grocery shopping.

Across the board, the Australian Bureau of Statistics reported that fruit and veggies had gone up by just under seven per cent and takeaway foods by less than one per cent.

Dr Zorbas said: “That’s why we do focus on the healthy stuff because the unhealthy stuff tends to be priced a bit more steadily.”

Dr Zorbas said that the Institute monitored the cost of 28 healthy items to see what the link between a healthy diet and food affordability was.

 

She concluded that the cost of healthy food was the number one reason people did not eat healthily and said that the less healthy options are cheaper.

Finder money expert, Rebecca Pike shared some tips so that you can save and cut your grocery bill.

She says: “It sounds really simple, but it does help to have a shopping list before hitting the shops to prevent you from buying things you don’t necessarily need.”

She also says that you should make a meal plan for the week so you know exactly what you need and won’t throw in unnecessary items or make additional trips to the supermarket throughout the week.

READ: 10 WAYS TO SAVE HUNDREDS OF DOLLARS WHEN GROCERY SHOPPING

Ms Pike suggests squeezing more value out of your grocery shop by asking yourself if you really need the same brand of food that you buy at the same supermarket every week.

“You should look to see if there’s a discount supermarket like Aldi near you – even if you don’t do your whole shop here, you can stock up on bulk basics like bread, rice and cleaning products here to save money, as well as cheaper alternatives to some of those treats you like to buy.”

Signing up for supermarket rewards can also be beneficial she adds.

Night time is when fresh produce generally goes on sale to avoid it going to waste.

“Sometimes you’ll be able to grab things like fresh meat and bakery items for half price, and cooked chickens for a few dollars each.”

Top five tips to save money on your grocery shopping:

  1. Make a list.
  2. Consider other, cheaper brands.
  3. Look to see if there’s an Aldi near you.
  4. Do your shopping online so you won’t be tempted in-store.
  5. Shop later in the day when fresh produce has been discounted.

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