An oil shock gripping the globe for five months is quietly reshaping your grocery bill—milk in Australia jumped 12%, fueled by higher fuel, fertilizer, and plastic costs. Economists warn this ripple effect could spark broader inflation as businesses pass on rising input prices, even as fuel costs dip. From bread to cheese, packaged goods are next, with companies absorbing hikes now—but expect more price bumps soon. Everyday items—from polyester clothes to personal care products—are tied to oil, reminding us how deeply our lives depend on global energy markets.
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