this post was submitted on 27 Jun 2023
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Canada

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Canada's inflation rate decelerated to 3.4 per cent in the year up to May, Statistics Canada said Tuesday, led by sharply lower gasoline prices. But beneath the headline slowdown in consumer prices, many facets of the cost of living are still increasing at an eye-watering pace. Grocery prices went up at an almost nine per cent pace.

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[–] [email protected] 5 points 1 year ago

The bank of Canada cant impose anything on groceries and retailers either. It's going to take both parties to fight this fight.