Inflation at the Grocery Store! RISING PRICES / Inflation Check at Stores in GTA

#inflation #grocerystore #prices
In this cross-sample of several grocery stores in the Greater Toronto Area (outskirts of the city), we can see inflation happening before our eyes.
Some of the grocery stores visited are: Real Canadian Superstore (Loblaw's), Longo's, and Food Basics.
Canada’s inflation rate has jumped 5.7 per cent from last year. Grocery prices have risen 7.4 per cent. Beef prices have increased by a shocking 16.1% with chicken rising by 10.4%.
Sources for the inflation data percentage increases:

Statistics Canada (StatsCan)
Monthly average retail prices for food and other selected products
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810000201

“How expensive is food in Canada? A breakdown of some popular items” BNN Bloomberg, March 16, 2022

CANADA’S FOOD PRICE REPORT 12TH EDITION 2022
(PREPARED BY DALHOUSIE UNIVERSITY | UNIVERSITY OF GUELPH | UNIVERSITY OF SASKATCHEWAN | UNIVERSITY OF BRITISH COLUMBIA)

According to Canada's Food Price Report, families can expect even higher prices for their yearly food budget.
The authors of the report predict "that a family of four, including a man (age 31-50), woman (age 31-50), boy (age 14-18) and girl (age 9-13) will have an annual food expenditure of up to $14,767, an increase of up to $966
from what was observed as the total annual cost in 2021."

Supermarket visits are simply not the same anymore - compared to last year and years prior. Grocery shoppers are learning to be more careful as they make choices with their purchases. Price pressures are mounting. Some consumers are doing more meal planning, others are consulting weekly flyers or using coupons.