Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate
Analysis by investment bank UBS finds food prices at Australia's major supermarket chains have risen at a faster rate than inflation.
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Analysis by investment bank UBS finds food prices at Australia's major supermarket chains have risen at a faster rate than inflation.
UBS upgraded lithium miner Albemarle and boosted the stock's price target. The analysts are seriously bullish.
If they are actually telling us that a recession is coming this time around, how bad is it going to be? In 2008, officials kept assuring us over and over again that there wouldn’t be a recession, and then we plunged into the greatest economic downturn since the Great Depression of the 1930s.
The probability of a recession now stands 68.2 percent, the highest level since 1982.
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