Canada's Food Inflation Dips

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negative food inflation

torontosun

•

Business

Business & Economics

CHARLEBOIS: Food prices fooled you — the GST holiday’s hidden trick

Summary

Nutrition label

81% Informative

Food inflation in Canada dipped into negative territory, reaching -0.6% in January .

Inflation at restaurants plummeted to an all-time low of -5.1%, while inflation for food purchased in stores stood at +1.9% But a deeper look at the data raises questions about whether these figures tell the full story.

A snapback effect, with higher restaurant inflation, could hit consumers hard.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech