Inflation has touched ‘every part’ of our economy: Woolworths CEO

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Woolworths CEO Brad Banducci says inflation has touched every part of Australia's economy “for good or bad”.

Woolworths CEO Brad Banducci says inflation has touched every part of Australia’s economy “for good or bad”.

“Whether it’s the transportation costs, the warehouse costs, often the packaging costs – so there’s a lot of material issues that have been flowing through into the long life categories as well,” he said during a media conference in Sydney.

Source: Financial Digest (financialdigest.net)

 

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He would be the last person to trust for an honest opinion on food prices, followed by a number of politicians

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