Coles streaked ahead of arch-rival Woolworths with a spike in earnings, their fresh report has revealed, while Australians stump up to 1.6 per cent more across goods.

Coles reported a 3.9 per cent rise in sales revenue over the first quarter of the new financial year, taking revenue to $10.95 billion in the past three months.

The supermarket experienced a seven per cent rise in sales – excluding tobacco – for the first quarter.

Woolworths' numbers, revealed on Wednesday, amounted to a 2.1 per cent increase.

Price inflation for Coles customers rose from 1.5 per cent to 1.6 per cent, but excluding tobacco, the rate was 1.2 per cent.

The company said the supermarket had tried to reduce the impact of goods costs to consumers.

“Inflation in fresh produce eased, largely a result of abun

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