Food Inflation Eases – But Greedflation Continues?

By Sylvain Charlebois
Statistics Canada is reminding Canadians every month this year how painful their trips to the grocery store are. The retail inflation rate is at an astonishing 9.9 per cent, its highest point since 1981. And food inflation has exceeded the general rate since last December, which is why food prices are on everyone’s mind.
Allegations of “greedflation” are rampant, accusing the industry of gouging consumers stressed by an increasingly higher cost of living.