- Frugl Group (FGL) launches its grocery price index Frugal GPI nationally through News Limited
- The report provides quarterly updates on price changes of everyday items and inflation insight into a range of grocery categories
- The company aims to consistently release the Frugl GPI report a week before the official CPI and inflation announcement, giving an early indicator of inflation movements
- FGL expects the launch will drive large-scale media interest and will work with its public relations partner, ThrivePR + Communication, to capitalise on these opportunities
- Shares are trading 5.88 per cent higher at 1.8 cents at market close
Retail analytics company Frugl Group (FGL) has launched its grocery price index Frugal GPI nationally through News Limited.
The report provides quarterly updates on price changes of everyday items.
It can give inflation insights into a range of grocery categories and different household shopper types.
The company aims to consistently release the Frugl GPI report a week before the official CPI and inflation announcement, giving an early indicator of inflation movements.
FGL expects the launch will drive large-scale media interest and will work with its public relations partner, ThrivePR + Communication, to capitalise on these opportunities.
The company has seen “unprecedented” growth in its price comparison app due to rising inflation and cost of living pressure. It believes this new report will drive further growth for the business given the current economic environment.
The report has a dedicated website and can be downloaded from today.
Shares were trading 5.88 per cent higher at 1.8 cents at market close.