While many are experiencing sticker shock at the checkout, a new report suggests Canada is the second-lowest nation to see food price hikes.
Many Canadians are struggling to adjust spending habits at the grocery store as food inflation continues to bring sticker shock at the checkout.
The U.K. and European Union saw the highest inflation spike with both seeing a jump of 19.6 per cent over the last 12 months. The country with the highest reported food inflation was Hungary with an increase of 45.1 per cent during the 12-month period. Conversely, the nation with the lowest food inflation was the EU nation of Cyprus, which saw an increase of 6.1 per cent.
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