|Canadian Food Prices On Rise|
|Friday, 17 August 2012 12:11|
OTTAWA — Food prices were up 2.1 per cent in the 12 months ended July, following a two-per-cent increase in June, according to Statistics Canada’s Consumer Price Index.
The numbers represent the lowest year-over-year gains in food prices since the beginning of 2011. Consumers paid more for food from restaurants (2.4 per cent), meat (5.3 per cent) and cereal products (3.7 per cent). Prices for fresh vegetables declined for the fifth consecutive month.
Overall, consumer prices were up 1.3 per cent from a year earlier, following a 1.5-per-cent gain in June.
For the complete report, visit statcan.gc.ca.