Women cannot absorb the food price increases. Women tell us they now only buy the critical foods. Women tell us they respond to hikes in food prices by shopping around a lot more to seek out the cheapest prices before they commit to a purchase.
We call on the Reserve Bank to monitor much more stringently inflationary increases on food, electricity and transport and their impact on low-income households and the broader economy; and act decisively when such increases threaten the affordability levels of low-income households and damage the economy.