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.

  • Nouveau_Burnswick@lemmy.world
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    10 months ago

    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.

      • Nouveau_Burnswick@lemmy.world
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        10 months ago

        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.