A confluence of factors including a weak loonie to impact grocery prices, according to company's inflation report
Canada generally has a trade surplus with the U.S. when it comes to food
Stability in overall inflation conceals conflicting underlying trends
Loose financial conditions, tariffs are both potentially inflationary
Prices 30% higher than pre-pandemic levels, despite recent easing
Real GDP growth expected to strengthen in year ahead as price pressures ease
Declining energy prices drive rates down, core inflation easing too
Core inflation eases, offsetting resurfacing energy pressures
Price pressures continue pullback, led by energy
Energy inflation resurfaces, stoking price pressures