started to cool as 2022 wound down,, affecting consumers' wallets on a daily basis as interest rates rise.prices were up 11 per cent on an annual basis compared with 6.3 per cent overall, thoughitem tracked by Statistics Canada went up in 2022, with one exception: canned salmon, which went down in price.
That's despite the Bank of Canada's desperate race to raise interest rates in 2022 in an attempt to rein inThe overnight rate went from 0.25 per cent at the beginning of the year to 4.25 per cent in December, and the central bank is widely expected to announce another increase next week. Gas prices have cooled from their lows , the housing market is sagging under the weight of interest rates spiking, and yetremains stubbornly high, staring consumers in the face every time they go to the grocery store.
GREED FLATION. Name it correctly
Dear CP24, PRICE GOUGING is not inflation. Please tell the truth.
Manufacturers greed to recoup loses.
Don't ship at no frills or loblaws, the over inflat prices
And they were considered the essential throughout the drama.
Might I suggest making home gardens legal again? Fine for spuds not replacing the front lawn. Any variety is good.
Food prices are high and people are complaining, yet people line up down the road for expensive desserts in mississauga today. Give me a break.
They are straight ripping us off PERIOD!
Grocery companies are like: if the oil company get get away with price gauging, why can’t we?
Coffee inflation so high had to drop the C
It’s going up again, thanks to the Dairy Board!
Imagine reporting on food inflation and not reporting on the gouging of grocers & record profits of Galen Weston & company....
And what exactly is stopping these grocery stores from keeping the prices high? They don’t give two fs about interest rates … they know people have to eat and they are used to these high prices and profits now.
Lol what efforts?
Fuel prices not down for diesel. And that is what is used in trucks that deliver the food to grocery stores.
If your just family of 2 it's likely cheaper to eat out now
Get out of here
Has the carbon tax been revoked if not nothing has been done
Profiteering. It’s real simple.
Sorry, what efforts are being made?