Another Look at Food Inflation Numbers
Statistics Canada released the food price index for April 2022 and the news continues to be concerning. Year over year food prices have increased by 8.8% with food bought in retail increasing 9.7%. These numbers are up from the March numbers which tells us that prices continue to go up. These increases are important and significant but not unexpected. It is also important to contextualize the numbers to get a better understanding of what is happening and what is coming. Fo