Why are groceries so expensive? | Explainer | SBS The Feed

If you've noticed your grocery bill is soaring, you're not alone. The prices of staples like dairy, bread and coffee have steadily gone up over the past 12 months - and turns out, a bunch of global factors are to blame.
We roped reporter Ilias Bakalla into explaining how cooked grocery prices are in the cost of living crisis - by forcing him to make us lunch.
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[@lauren.xo01]

$100 used to get me a week's worth of food, now it gets me a couple of days 😤

[@9852323]

Can barely find anything under $3.50 anymore...the most simplest food item is $3. Meanwhile let’s keep helping these other countries while our people starve...$3 don’t sound like much but it adds up FAST especially with hardly any good paying jobs.

[@Nick-pb2mg]

They conveniently forgot to mention the biggest cause - greedflation

[@hotdon1]

Greed is why prices are so high.

[@MrAnediet]

*percentage point

[@nwgverified]

Mainly inflation plus a slight boost to low profit margins

[@VeganTrove]

Corporations are increasing their prices even when uneffected. Why? Because they can. It's end stage capitalism.

[@saysoco]

i ❤ #TheFEED... but plastic containers? 💩 what about the planet? 🌏

[@SBSTheFeed]

We can confirm they were recycled take away containers and have been re-used since filming!

[@CrispyHulk1]

There’s literally no reason for Australian grown/made produce to be more expensive. Greedy farmers.

[@StevieCooper]

Doesn’t look appealing