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Canada’s inflation rate is plummeting, so why are grocery prices still so expensive?
(www.ctvnews.ca)
this post was submitted on 07 Aug 2023
173 points (97.3% liked)
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See I have a feeling the bullshit is coming further upstream. The core providers are using covid to gauge business further down, then the smaller businesses are passing on the cost and in some cases adding even more on top because of "covid".
The whole thing smells to high heaven as the assholes at the top are making money hand over fist.
The buyer sets the price. Inflation tells half the story, but the other half is that the people generally believe that things like food are worth more now. When the Ukraine conflict began, people started seeing famine as a real threat, which put them in "Oh shit, I'd better not take this thing for granted anymore!" mode.