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Bank of Canada's Macklem says he expects food inflation to ease in 2026
Food inflation rose 4.7% in November due to berries, beef, and coffee prices; Bank of Canada expects easing but high beef costs may persist due to smaller herds.
Summary by Winnipeg Free Press
7 Articles
7 Articles
Canadians paying more for food after grocery inflation rose 4.7%
Statistics Canada is reporting that grocery inflation in November reached the highest rate in nearly two years after it rose 4.7 per cent compared to this time last year, and economists say they don’t expect food prices to come down anytime soon.
·Canada
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Ckpg Today
Ckpg TodayBank of Canada’s Macklem says he expects food inflation to ease in 2026
Bank of Canada governor Tiff Macklem says he expects food inflation to ease in the coming months after Statistics Canada reported grocery prices jumped higher in November.
·Waterloo, Canada
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Winnipeg Free Press+3 Reposted by 3 other sources
Bank of Canada's Macklem says he expects food inflation to ease in 2026
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources7
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
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