Supermarket price rises loom as suppliers face cost pressures

Australian supermarkets including Coles, Woolworths and Ritchies are facing supplier requests for price increases due to rising fuel costs and operational expenses. Under the grocery code of conduct, price reviews could take between four to thirteen weeks to implement, with fuel levies particularly affecting fresh produce. Retailers are attempting to maintain competitive pricing despite cost pressures, with the situation dependent on how long fuel prices remain elevated.

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