Food Inflation In Canada Could Be As Much As Twice What Official Figures Say

Sharing is Caring!
A new study suggests that the Canadian government is vastly underestimating changes in food costs, and that the real prices increases may be double what has been reported.

Statistics Canada has reported a 2.7 increase in food prices over the past year, but new research is now showing that it may be actually five percent or more, or even in specialized areas such as that of meat products, more than 10 percent.

See also  Inflation Is Eating Your Lunch If You're Doing This One Common Thing
According to Bloomberg Canada, the research was performed by Agri-Food Analytics Lab under the umbrella of Dalhousie University, and published on Wednesday.

See also  Viewing Inflation Through Rose-Colored Glasses
thepostmillennial.com/food-inflation-canada?utm_campaign=64487

378 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.