Food prices set to rise faster than rate of inflation in 2015, according to institute,,,Higher prices are in store for Canadian grocery shoppers next year, especially for meat, seafood and vegetables. According to the University of Guelph’s Food Institute, consumers can expect food prices to grow faster than the rate of inflation. The 2015 Food Price Report forecasts food prices overall will rise up to 2.4 per cent. PHOTOS Kimberley Massaroni Kimberley Massaroni shops around for deals in Winnipeg to counteract steadily rising food prices. The Food Institute’s predictions for price increases are: Meat 3.0 to 5.0 per cent Fish & Seafood 3.0 to 5.0 per cent Dairy & Eggs -1.0 to 1.0 per cent Grains 0 to 2.0 per cent Fruit & Nuts 1.0 to 3.0 per cent Vegetables 3.0 to 5.0 per cent Food from Restaurants 1.0 to 3.0 per cent Overall Food Expenditures up 0.3 to 2.4 per cent Supply and demand contributed to meat prices skyrocketing 12.4 per cent over last year. THE PUGS TAKE THERE SEATS AND YOU GET THIS,START DOING SOME SHOPPING NOW
Posted on: Tue, 30 Dec 2014 01:42:51 +0000
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