Canada inflation: Here’s what will cost you more at the grocery store

Some meals in Canada proceed to extend in value, regardless of a small general discount within the inflation fee.

The newest Consumer Price Index (CPI) for May 2023 reveals inflation rose 3.4 per cent year-over-year, barely decrease than April’s 4.4 per cent enhance. According to Statistics Canada, the discount is a results of falling fuel costs.

But grocery costs “remain elevated” the federal government physique says, with an general 9 per cent year-over-year enhance from May 2022. The costs in May showcase a 0.1 per cent drop from April, nonetheless pinching Canadians’ wallets.

StatCan says edible oils and fat, bakery merchandise and cereal merchandise are the very best year-over-year, with meals from eating places climbing.

In May, meals bought from eating places elevated in value by 6.8 per cent in comparison with 6.4 per cent in April.

Labour shortages, enter prices and bills are disproportionately impacting these companies, the CPI report reads.

BUTTER, OILS AND WHEAT

The value of edible oils and fat is rising essentially the most in Canada, knowledge from StatCan reveals.

In May 2023, costs rose 20.3 per cent year-over-year. This is a 1.8 per cent distinction in value from April 2023.

Butter can be rising and noticed a steep value enhance from April 2023 to May 2023. According to the information, butter inflation landed at 10 per cent year-over-year in May 2023, a 4.4 per cent enhance from April 2023.

Many wheat or flour-based merchandise additionally noticed value will increase, the newest CPI report reveals.

Cookies and crackers elevated by 16.3 per cent year-over-year in May 2023, a 1.6 per cent enhance from April 2023.

Flour and flour-based mixes noticed a bounce in value from April 2023 by 6.5 per cent. Year-over-year in May 2023 this can be a 12.6 per cent enhance.

Cereal additionally elevated by 13.6 per cent year-over-year, a 1.4 per cent enhance from April 2023.

Pasta merchandise noticed a minimal enhance of 0.1 per cent from April 2023, however the gadgets remained excessive year-over-year at 18.5 per cent for May 2023.

FRUITS, VEGETABLES AND MEATS

Lettuce costs, in the meantime, stay elevated in May 2023 and have elevated in value from April 2023.

According to StatCan, lettuce is 15.9 per cent dearer year-over-year in May 2023. The product noticed an 8.5 per cent enhance from April 2023, which is among the many fastest-increasing meals costs, the information reveals.

Oranges have additionally elevated in value, touchdown at 14.7 per cent year-over-year in May 2023. This is a 3.2 per cent enhance from April 2023.

Potatoes have additionally made a bounce in value.

StatCan knowledge reveals potatoes climbed 4.3 per cent in value from April 2023, which meant in May 2023 the general value was 7.6 per cent greater year-over-year.

However, tomatoes noticed a discount, touchdown at 10.3 per cent year-over-year for May. This is a 12.8 per cent discount from April 2023.

Bananas stay essentially the most inexpensive for Canadians, sitting at a 0.7 per cent enhance year-over-year in May 2023.

Fresh and frozen poultry noticed a slight discount in value. In May 2023 the merchandise had a 9.8 per cent enhance year-over-year, with a slight lower (0.3 per cent) in value seen in April 2023.

Fresh and frozen beef was nonetheless extra inexpensive than hen in Canada.

The knowledge reveals beef costs elevated 5.5 per cent year-over-year in May 2023, a 0.3 per cent enhance from April 2023.

DAIRY AND COFFEE

This summer season a cool candy deal with will price Canadians extra.

In May the value of ice cream merchandise rose by 8.7 per cent year-over-year — a 2.5 per cent enhance from April 2023.

Coffee and tea additionally elevated in value in May 2023 by 8.5 per cent year-over-year, a 3.6 per cent bounce from April 2023.

Egg costs proceed to be excessive (8.2 per cent year-over-year) in May 2023 however didn’t enhance in value from April 2023, knowledge reveals.

Cheese had a 1.4 per cent enhance in value from April 2023, touchdown at six per cent year-over-year in May 2023. 

Note: knowledge for some particular grocery gadgets can be found solely nationally, and are usually not obtainable by province. Can’t see the interactive above? Click right here.