Grocery prices remain elevated despite an overall inflation decrease in June, pinching Canadians' pockets as they shop the fresh fruit, vegetable, meat and bakery aisles.
This increased the price of the "other fresh fruit category" on the CPI food breakdown table, which includes other berries and cherries.
Bananas also increased in price slightly, raising 0.5 per cent between May and June, representing a year-over-year increase of 0.7 per cent. They are one of the products that has largely avoided the impacts of inflation. Lettuce prices fell 8.7 per cent between May and June, with a lower year-over-year inflation rate of 6 per cent.Cookies and crackers are among the most impacted grocery products in Canada, the CPI notes.
On the flip side, Canadians saw a decrease in the price of pasta products in June. Year-over-year, these items cost 8.3 per cent more last month, prices that were on average 6.3 per cent lower than in May.StatCan blamed meat as a contributor to why grocery prices remained high in June.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain highStatistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range.
Read more »
Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain highThe federal agency says the deceleration was broad\u002Dbased, though lower gasoline prices compared with last year led the slowdown.
Read more »
Grocery prices stayed high in June: StatsCan - BNN BloombergStill-elevated food prices were among the main items contributing to inflation in June, with the rate of price growth in grocery stores essentially unchanged from the previous month.
Read more »
Grocery store closing after 40 years in Toronto and locals are heartbrokenAfter a four-decade run as one of Toronto's most beloved independent grocers, Sun Valley's last surviving location will be closing its doors at the...
Read more »
Price-fixing at Canada’s grocery stores is bigger than just bread: Full Comment podcastFood inflation is showing no signs of letting up soon, guest Sylvain Charlebois tells Brian Lilley
Read more »
Toronto area Metro grocery workers could strike as soon as tonight: Unifor - BNN BloombergMetro grocery store workers in the Greater Toronto Area are gearing up to strike as early as tonight, as bargaining continues between the retailer and some 3,700 employees.
Read more »