Prices

RBC says grocery prices likely to keep rising faster than overall inflation in near term

Mario Toneguzzi -
The report said the largest recent spike occurred between 2021 and 2023, when grocery inflation reached its highest level since the early 1980s and food prices rose 11 per cent year-over-year in late 2022.

Consumer prices rise 3% y/y in August: Statistics Canada

Mario Toneguzzi -
Although prices for groceries decelerated this month, prices have increased 29.0% since August 2021.

Interac survey finds single Canadians are bearing the brunt of rising grocery costs

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Nearly eight in 10 (77 per cent) Canadians who live solo say their grocery bill keeps climbing no matter what they do.

Canadian consumer still under pressure with food prices: Dalhousie report

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Over 80% of Canadians identify food as the expense that has increased the most.

Canadian inflation eases in October: Statistics Canada

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Slower growth in grocery prices further contributed to the deceleration in the CPI in October.

Consumer prices on the rise: Statistics Canada

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Year-over-year grocery price inflation has generally trended upward since its most recent low in April 2024 (+1.4%), says Statistics Canada.

Consumer prices on the rise: Statistics Canada

Mario Toneguzzi -
The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in August, up from a 1.7% increase in July, according to a Statistics Canada report.

Back-to-School prices set to rise 12–15% as tariffs hit school supplies

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School staples like backpacks, lunchboxes, pencils, tech accessories, and even glue sticks are particularly vulnerable, as they often rely on imported inputs

Loblaw: Local produce to ease food inflation this summer

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Canadians have historically seen some relief at the register on fresh products in the summer, said Loblaw.

Consumer prices on the rise: Statistics Canada

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Gasoline prices in May remained below May 2024 levels, primarily due to the removal of the consumer carbon levy, noted Statistics Canada.

Walmart Canada lowers price on hundreds of key staple items

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Walmart Canada is has more than 400 stores nationwide serving 1.5 million customers each day.

Annual inflation 1.7% in April: Statistics Canada

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Prices for food purchased from stores have been increasing at a faster rate than the all-items CPI for three consecutive months, says Statistics Canada.

Loblaw CEO warns of “large wave” of tariff-related increases

Mario Toneguzzi -
Loblaw expects a surge is coming in the number of products impacted by tariffs.

Consumer prices spike in February: Statistics Canada

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The imposition of tariffs by the United States and/or countermeasure tariffs by the Canadian government will have an impact on prices paid by Canadian consumers in the coming months, says Statistics Canada.

Canadian Consumer Price Index sees modest rise in January, driven by energy costs: Statistics Canada

Mario Toneguzzi -
The food component of the CPI dropped by 0.6% in January, marking the first annual decline since May 2017, says Statistics Canada.

CPI rises 1.8% y/y in December but Canadians pay less for food at restaurants: Statistics Canada

Mario Toneguzzi -
Statistics Canada said Canadians paid less for food purchased from restaurants in December (-1.6%) on a year-over-year basis.

IKEA Canada invests an additional $50M to reduce prices on hundreds more products

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IKEA Canada invested more than $80M last year to lower prices on more than 1,500 products across its range.

Food prices continue to climb: Statistics Canada

Mario Toneguzzi -
Compared with November 2021, grocery prices rose 19.6%, says Statistics Canada.
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