Canadians feel grocery inflation getting worse, two in five boycotting Loblaw: poll
CTV
Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.
Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.
A new Leger survey found that almost 30 per cent of Canadians believe food inflation has been primarily caused by grocery stores trying to increase profit margins. Another 26 per cent think it's mostly due to global economic factors, while one in five blame the federal government.
Inflation on groceries was 1.4 per cent in April and helped drive overall inflation lower to 2.7 per cent, Statistics Canada said.
However, even low inflation still means prices are going up. And over the past three years, grocery prices have risen 21.4 per cent, according to the agency.
The major grocers have said they did not unduly profit from inflation, amid political and public pressure over the rising cost of food and other necessities.
A group of consumers organized a boycott of Loblaw-owned stores in May over frustrations with higher prices and industry concentration.
Seven out of 10 Canadians polled said they are aware of the ongoing boycott, and 58 per cent said they support it, but only 18 per cent say that they or someone in their household have joined the boycott.
