In this stock photo, a woman in a face mask checks the price on an item in a supermarket. Canadians are seeing rising food prices in the pandemic, even as deflation hits the broader economy.
The price index for all goods fell 0.7 per cent in April, and was down 0.2 per cent from a year earlier. That’s the first time Canada has seen a year-on-year deflation in prices since the financial crisis of 2008-09, Statistics Canada said. The Consumer Price Index isn’t measuring the actual costs households are facing right now, because the lockdown means they aren’t buying the usual assortment of goods, Mendes said.“It’s more important to focus on the goods and services most likely bought during the month to gauge the impact on consumers. Indeed, declines in prices were more prevalent in categories less likely to be in demand such as transportation, accommodations and clothing.
Very bad for our Health Mask CoronaVirusUpdates
So expensive to feed a family of 5
How are seniors expected to survive?
Change our diets to locally sourced product.
It’s still cheaper than eating out. It would be interesting to know the net cost of meals for an average family during a period where restaurants are barely operating.
Corporate greed doesn't care about disasters or humanity
People need to stop hoarding & excessive purchases. Grocery costs have increased resulting in billionaires getting richer while every else loses bc ppl have to eat
Learn how to cook from scratch & save a ton!
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: nationalpost - 🏆 10. / 80 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »