Conservatives argue the Liberal government’s climate measure drives up the cost on everything. The inflation-watching head of the central bank offered some perspective on this.
Conservatives argue the Liberal government’s climate measure drives up the cost on everything. The inflation-watching head of the central bank offered some perspective on this.
deleted by creator
You might be right, and prices may come down. I am ignorant on goes on with pricing, but what I do see is the farmers are not thriving, and fresh food is always getting more expensive.
Yet Loblaws is able to post amazing profits, and they are the lower priced stores, the more independent stores are struggling to compete and they have to mark up their prices even more.
So my opinion is that farmers and smaller stores are struggling, but middlemen are thriving. This is based on those observations. My lack of trust in corporate models is based on profits over people.
I agree, Putin is disturbing the supply chains for food. But then I wouldn’t think that all food would be affected as it is.
Food prices rise 1.2% in 2013, a low increase to be sure, and below projections (1.5-3.5%) but not a decrease. Overall CPI went up 0.9% for context.
deleted by creator
I apologized, I misinterpreted your comment to mean prices in 2013 fell, not supply issues in 2013 cause food inflation caused spikes/drops later.
Ignoring the COVID years, food inflation was pretty stable at 1-3% from 2010 on. That is a north american figure, so there can obviously be regional differences.