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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