Supply chain problems and inclement weather are driving up food prices and changing the way Canadians shop, new poll results show.
According to the survey conducted by the Dalhousie University Agri-Food Analysis Laboratory, in partnership with the Caddle company, food prices are set to increase by nearly 5% this year.
Rising cost of groceries is changing consumer behavior, the survey continues, and more Canadians are checking weekly flyers, using coupons, and buying discounted food because it’s close. of their expiration date.
Meanwhile, Statistics Canada figures show meat prices have risen 10% in six months, a situation the survey found has prompted nearly half of Canadians to cut back on their purchasing volume.
The poll results also indicate that about three-quarters of Canadians have noticed what is known as “reduflation” (“ shrinkflation ”), Or reducing the amount of food in a package to adjust to inflation without increasing prices.
10%
That’s the increase in the price of meat in six months, according to Statistics Canada.
The survey also found that while 86% of all Canadians believe food prices are higher than six months ago, this finding was more pronounced among baby boomers, 93% of them having noticed the price increase.
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