WHILE retail beef prices across Australia declined marginally last quarter compared to the previous March quarter, they have risen 14.6pc over the past 12 months, a new consumer research report shows.
An Australian Food and Grocery price Index developed by popular consumer grocery comparison app Frugl found that beef showed the largest year-on-year increase of all 14 product categories measured in the report, ahead of fruit and vegetables (+12.97pc y-o-y), household cleaning (up 13.67pc) and pantry items (up 13,17pc).
Against this longer-term trend, beef prices actually fell by 1.58pc in…
