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How much have food prices increased in the last year?

Latest consumer price index data breaks down year-over-yearn price increases on some grocery items
8/17/2022

Canada's inflation rate fell from its near 40-year high of 8.1% in June to 7.6% in July, Statistics Canada said Tuesday.

The easing was largely attributable to gas prices, which have dropped in recent weeks, but similar relief has not extended to food costs.

The latest consumer price index data showed food prices at grocery stores rose at the fastest pace since August 1981, with prices up by 9.9% on a year-over-year basis compared with 9.4% the previous month.

Here's a look at how much some prices have gone up between July 2021 and July 2022 at the grocery store:

- Fats and oils (for example, olive oil): 28.6%

- Pasta products: 20%

- Butter: 17.3%

- Oranges: 16.9%

- Eggs: 15.8%

- Bread, rolls and buns: 15.4%

- Canned and other prepared vegetables: 15.4%

- Condiments, spices and vinegars: 14.4%

- Lettuce: 14.2%

- Coffee and tea: 13.8%

- Tomatoes: 13.3%

 

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