Here’s a look at some of the grocery store products that saw steep inflation, according to new data - BNN Bloomberg
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Article Excerpt
MONTREAL – Inflation numbers held some good news for Canadians in June, but the price tag to feed families continues to rise.
June marked the 17th consecutive month that grocery price inflation outpaced the all-item consumer price index (CPI). While overall inflation slowed to 2.8 per cent, for groceries alone it was at 3.9 percent.
“It’s not exactly clear why this is the case, but over the last five years grocery prices have increased 30 per cent,” says DT Cochrane, a senior economist with the Canadian Labour Congress.
In June, the price tag for fresh or frozen chicken was up 5.7 per cent …
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