Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce Consumer spending will likely slow noticeably in the second half of the year as people cut back on discretionary purchases Canada's inflation rate tumbles to 2.8% in June even as grocery prices remain high Grocery prices rose 9.1% year-over-year, slightly faster than in May BoC raises key interest rate to 5%, expects slower return to inflation target Forecasters were widely anticipating the central bank to raise rates as the economy continues to run hotter than expected Rising interest rates and the silent hunger The disturbing link between Canada's housing crisis and food insecurity Canadian unemployment rate rose to 5.4% in June as economy added 60,000 jobs Job gains were concentrated in wholesale and retail trade, manufacturing, health care and social assistance and transportation and warehousing Canadians cooking at home to save on groceries: Mintel Market research company’s latest survey finds the majority of consumers are choosing to dine at home as food prices rise Popcorn: Four things to know We take a closer look at this perennially popular food Global Coalition of Fresh Produce report highlights impact of production costs on industry Businesses on the supply side of the fresh produce industry experienced “unprecedented” cost increases during the pandemic, the coalition said Snacking in the pandem-flation era Despite feeling financially squeezed, Canadians are willing to shell out for their favourite snacks Canada's inflation rate falls to 3.4% last month, lowest rate since June 2021 Grocery prices were still skyrocketing last month, rising 9% from last May Most Canadians plan to shop local this Canada Day: Survey New RCC survey looks at Canadian shopping intentions for the nation’s birthday 'Retail has nine lives' in Canada as 2023 consumer spending strong – for now: Report The Colliers 2023 Retail Outlook said consumers are still spending, even though retail sales have cooled slightly First Previous 15 16 17 18 19 Next Last