The price of just about every food commodity we buy at the supermarket has been going up since January, outstripping inflation. In April, for example, inflation was 1.7 per cent but food prices went up by over two per cent.
Sylvain Charlebois, senior director with the Agri-Foods Analytics Lab at Dalhousie University, says the three products which make up the meat counter have all been steadily increasing in price since January: beef (34 per cent), chicken (6 per cent) and pork.
He’s not a big fan of seeing Canada impose counter tariffs on the United States because that only hurts Canadians.
(VOCM News file photo)
Other aisles at the supermarket are also more expensive.
The centre of the store—pantry items—have all gone up because of what’s happening in the U.S. as most of those items tend to come from America, and the frozen food counter is also presenting an issue.
Charlebois, appearing on Your Money With Nancy Sneddon on VOCM, says they have noticed in a recent survey that people are discovering that smaller grocery stores often have favourable prices on some items.
And bulk buying is a great way to save.
