Overall inflation in Canada is cooling, according to just-released data, but the trend is not being reflected at grocery stores, where prices for some items continue to grow.
February marks the seventh consecutive month of double-digit food inflation, StatCan says.
Fruit juice had the largest increase in price from January to February 2023, data from StatCan shows. In January, the product had a year-over-year difference of 5.2 per cent; this rose to 15.7 per cent year-over-year in February. Oranges on their own have not increased quite as dramatically between January and February of this year. According to the data, in January oranges had a year-over-year increase of 14.1 per cent, which rose to 15.1 per cent year-over-year in February.
Fresh or frozen beef saw a reduction in February, with a year-over-year increase of 2.4 per cent compared to January's 3.7 per cent difference. Tomatoes in January had a 21.9 per cent year-over-year increase, which dropped to 7.1 per cent year-over-year in February.Many Canadians are now acutely aware of how much food items cost, so they can ensure they are not paying more, but aDalhousie University's Agri-Food Analytics Lab polled 5,525 respondents.
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