Cookie and cracker unit sales were down 3.4 percent from the previous year and grocery-aisle bread sales fell two percent.
‘As expected, we saw the trading environment become more challenging, marked by heightened competitive activity and increased on-floor discounting.’
Cost of living pressures were driving a significant change in Australians’ shopping behaviour, the CBA said.
Cookie and cracker unit sales were down 3.4 percent from the previous year and grocery-aisle bread sales fell two percent.
‘As expected, we saw the trading environment become more challenging, marked by heightened competitive activity and increased on-floor discounting.’
Cost of living pressures were driving a significant change in Australians’ shopping behaviour, the CBA said.