Grocery prices in September were up 11.4% from a year earlier, the fastest food-inflation pace in 41 years.
Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email
Food
Food

Not since August 1981, when Pierre Trudeau was prime minister, have Canadians witnessed a higher (11.9%) year-over-year rise in the cost of store-bought food, according to the latest (Oct. 19) Consumer Price Index update from Statistics Canada.

Canadians paid more for meat (7.6%), dairy products (9.7%), bakery products (14.8%), and fresh vegetables (11.8%), among other food items, in September 2022 over September 2021.

Grocery prices have been increasing faster than the overall Consumer Price Index for the last 10 months, since December 2021. That trend continued in September as the Consumer Price Index — which includes many common goods and not just food — went up 6.9% on a year-over-year basis.

StatCan blames rising food prices on unfavourable weather, higher fertilizer and natural gas costs and geopolitical instability stemming from Russia’s invasion of Ukraine.

The quality rating of domestic dairy products has remained above 99 percent for six consecutive years, experts said at a webinar.

You may be interested in

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

To comment or reply you must 

or

Related
notes

Cerrar
*
*
Cerrar
Registre una cuenta
Detalhes Da Conta
*
*
*
*
*
Fuerza de contraseña

SUBSCRIBE TO OUR NEWSLETTER