Between April 2021 and April 2024, grocery prices have increased 21.4%, Statistics Canada said
Food inflation may be down from its highs, but prices at the grocery store are still significantly higher than they were just a few years ago.
Because of that, shoppers will likely continue to seek out lower prices through discount stores, promotions and private-label products, she said. Inflation on restaurant prices also eased in April, growing by 4.3 per cent compared with 5.1 per cent in March. Price growth at restaurants has been outpacing grocery inflation in recent months.
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