Business
Loblaw August Food Inflation report
July's Consumer Price Index, released earlier this week, confirmed what many Canadians continue to feel – food prices are up yet again, from 2.8% in June to 3.4% in July. Notably, coffee and confectionary increased by double-digits, and fresh fruit rose 3.9% driven largely by a nearly 30% increase in grape prices. For many of these staples, unfavourable weather conditions in many growing regions are at play.
About this update from Loblaw Companies Limited
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