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Cheap screens offset dear milk.
Australasian Business Intelligence, July, 2007
Byline: Jennifer Hewett
Jul 10, 2007 (The Australian - ABIX via COMTEX) -- Woolworths CEO Mike Luscombe has commented on the price fluctuations for consumer goods and groceries. The Australian retailer has issued its sales data for 2006-07, which show the effect of the growing Chinese manufacturing sector on prices for items such as flatscreen TV sets. Combined with a rising Australian currency, it has caused a price deflation of 22 for the TVs between October 2006 and May ...
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