Food inflation on the rise since 2022, peaked again at the end of 2025: Bank of Canada

Food inflation on the rise since 2022, peaked again at the end of 2025: Bank of Canada

Food inflation reached 5 per cent in December, the highest since late 2023.

Canada Leads G7 in Food Inflation as Import Pressures Persist

OTTAWA — Food prices in Canada remain stubbornly high, driven largely by rising import costs and global pressures rather than domestic factors, according to new research from the Bank of Canada and recent federal inflation data. Statistics Canada says food purchased from stores rose five per cent in December compared with a year earlier, while food prices climbed 6.2 per cent between December 2024 and December 2025, the fastest pace among G7 cou…