Australia’s supermarket prices up 10% over year, report says

UBS finding ‘a surprise’, says analyst but Coles dismisses report as ‘not an accurate reflection’Get our morning and afternoon news emails, free app or daily news podcastSupermarket prices have lifted off again, according to new data, placing pressure on households and feeding inflation while also denting hopes that shoppers were set to soon receive a respite from surging food costs.Investment bank UBS has found that food and grocery prices at Australia’s dominant s