Article Date 04/12/2018

Image from : Isaac Olson/CBC

Your grocery bill could rise 3.5% in 2019, study predicts

Source

The price of food could increase by up to 3.5 per cent in 2019, an annual study of food prices predicts, but there's good news for Canadian consumers buying meat and seafood, which are projected to become cheaper.


Meat and seafood have seen sharp increases in recent years, but a shift away from eating meat to a more plant-based diet is reducing demand.

Canada's Food Price Report 2019, an independent analysis produced by university researchers, predicts the price of meat will drop by up to three per cent and seafood by two per cent.

But those drops are more than offset by rising prices in other areas, led by a 4-6 per cent hike in the price of vegetables.



Read the full article