The cost of food rose 7.3% in 2008, inching up 0.3% in December for a fourteenth straight month of increase, Statistics Canada figures showed Friday. Marking the sharpest increase was the cost of fresh vegetables, which were 26.9% higher than in December last year. Other notable increases included a 18.9% rise in fruit prices, a 12.4% increase in bakery product prices, a 6% rise in the cost of dairy products and a 5.5% increase in meat prices.
Alia McMullen, Financial Post Published: Friday, January 23, 2009
Monday, January 26, 2009
Have you noticed food prices creeping up?
Image via WikipediaCanadian food prices have persistently escalated and are predicted to remain costlier in the coming months.