Price of food is rising at the fastest rate in 40 years
CBC Canada · 3 years ago
CBC Canada
3 years ago
Canada's inflation rate cooled to seven per cent in August, Statistics Canada says. While gasoline got cheaper during August, food prices continued their increase — the cost of groceries has risen by 10.8 per cent in the past year.
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Global Inflation Concerns
Inflation across the developed world is surging, with the rising cost of living expenses at the highest level since the 1980s.