A warning from Woolies
4/30/202617 min
Woolworths has warned its profit is going to be hurt by surging inflation, sending the share price of the Australian supermarket giant tumbling.
And while Woolworths might be promising to lock in the price for 300 items, there’s growing warnings about the rate at which other costs are going to grow, including for plastics packaging.
Are the worst fears about this energy crisis starting to play out?
Carrington Clarke and ABC Business Reporter Emilia Terzon break it all down on ABC Business Daily.
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