Food Prices Financial News

29.07 / 08:21

pandemic Loblaw Food Prices food inflation Soaring food prices are changing the way Canadians shop for groceries

Rising food costs are leading consumers to pivot away from shopping at food and beverage stores to less costly general merchandisers instead, Statistics Canada reports.

10.10 / 11:47

economics Food inflation UK Food Prices food inflation Time UK grocery inflation slows again as staple food prices drop for first time in a year

Grocery price inflation during the period was still double digits at 11%, and take-home grocery sales rose by 9.1%.

03.10 / 09:23

inflation UK Cost of Living BRC Food Prices Time fall Food prices fall for first time in two years

Lower grocery inflation will be welcomed by households, where budgets remain under pressure.

14.09 / 23:30

Metro Walmart Costco Loblaw Food Prices Ottawa summons major grocery CEOs to talk lowering food prices — or else

The federal government is summoning the heads of Canada’s major grocery chains to Ottawa this fall to begin discussions on a plan to lower food costs for Canadians, as inflation continues to impact grocery bills.

03.08 / 05:13

inflation Bank of Canada Food Prices food inflation Did company profits fuel inflation? Bank of Canada researchers say no

Company profits are not to blame for the high inflation Canadians experienced in the past two years, a Bank of Canada report suggests.

26.07 / 14:45

inflation Business News Loblaw Food Prices food inflation Canada News Loblaw beats Q2 earnings estimates on sustained demand for essentials

Canadian retailer Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue and profit, helped by sustained demand for groceries and drugs and higher prices.

30.06 / 10:55

inflation Food Prices food inflation More competition can help keep ‘grocery prices in check,’ report argues

Governments must act to bring more grocers into the Canadian market, argues a new Competition Bureau report examining concentration in the sector.

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