Excluding gasoline, headline inflation would have been 4.0% in June, following a 4.4% increase in May.

Canadians continued to see elevated grocery prices (+9.1%) and mortgage interest costs (+30.1%) in June, with those indexes contributing the most to the headline CPI increase.

The all-items excluding food index rose 1.7% and the all-items excluding mortgage interest cost index rose 2.0%.

https://www150.statcan.gc.ca/n1/daily-quotidien/230718/dq230718a-eng.htm?HPA=1

  • Showroom7561
    13·
    1 year ago

    Canadians continued to see elevated grocery prices (+9.1%)

    I don’t know about anyone else, but it’s been a minimum 30% increase for food, and I’ve seen upwards of 200%+ for groceries we used to be able to afford.

    • dom
      3·
      1 year ago

      I wonder if it’s because of what they are including in their percentages. Like, if meat, cheese, eggs, and produce skyrocketed, but a ton of processed garbage didn’t, then it’ll make the numbers look lower than it is in practice.

      • Jason2357
        2·
        1 year ago

        Yes, a grocery store contains thousands of items, and as always, inflation hits the necessities worst, and luxuries the least (because demand for the latter is “elastic”).

    • MacroCyclo
      3·
      1 year ago

      Yeah, the grocery bill has been insane this past year.