Grocery inflation in Canada surged again in November as the price of basics like bread, eggs and dairy products shot up.
Prices for food purchased from stores rose 11.4 per cent last month compared with a year ago, up from an 11 per cent gain in October, according to Statistics Canada numbers released Wednesday.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
Other items to jump in price include sugar and syrup, up 18.8 per cent year-over-year, pasta products up 17.1 per cent, lettuce up 31.9 and flour and flour-based mixes up 20.5 per cent.Article content Rising grocery prices is a global phenomenon, with countries like France, Germany and the U.K. posting even higher food inflation rates than Canada last month, said Sylvain Charlebois, professor of food distribution and policy at Dalhousie University.
Still, much of Canada’s food is produced domestically, and prices are increasing due to a host of factors including higher labour, input and energy costs, he said. “A lot of collective agreements are being negotiated with wage increases of over five per cent and that’s putting pressure on the cost to produce anything,” Charlebois said. “One example is the packaging that food companies use. We’ve seen prices of packaging like egg cartons go up significantly.”“We’re still in this for the next four to six months,” Charlebois said. “We are expecting things to come down in the spring.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sprouts to open new grocery store in Bay Area food desertThe development project also includes plans for a fast food drive-thru restaurant.
Read more »
Canada: Annual CPI declines to 6.8% in November vs. 6.7% expectedInflation in Canada, as measured by the Consumer Price Index (CPI), declined to 6.8% in November from 6.9% in October. This reading came in slightly h
Read more »
Canada: Inflation is easing, but progress in November was slower than expected - CIBCData released on Wednesday in Canada showed the annual inflation rate dropped from 6.9% to 6.8%. Analysts at CIBC, point out that inflation is easing
Read more »
Tarrant Area Food Bank cancels Weatherford food distribution due to freezing weatherThe giveaway was scheduled from 5:30 p.m. to 7:30 p.m. at Weatherford High School.
Read more »
Guy Fieri gives police officers free pizza: ‘much appreciated’A Food Network star surprised officers with some free food.
Read more »
Ambulance strike: Poor pay impacting our health, says workerOne ambulance worker says some colleagues cannot afford 'quality food' and also rely on food banks.
Read more »