Canadians paid more for some groceries in July. Here are the items that cost extra
CTV
Overall grocery prices saw a slowdown from June to July, the newest Consumer Price Index report shows, but some products were still more expensive than they were earlier this year.
Headline inflation increased in July, but Canadians did see a slower year-over-year growth in grocery prices, according to just-released data.
The latest Consumer Price Index (CPI) report by Statistics Canada blames last month's 2.8 per cent inflation increase from June 2023 "mainly" on gasoline.
"Excluding gasoline, the CPI rose 4.1 per cent, edging up from 4.0 per cent in June," the CPI, released Tuesday, states.
The CPI shows a 3.3 per cent year-over-year increase in July, due to factors including electricity prices in Alberta, which rose 127.8 per cent, and mortgage interest costs, which saw a 30.6 per cent gain.
But less at fault for the increase in overall inflation last month were grocery prices, StatCan said, noting that prices remained elevated, but grew at a slow pace in July.
According to the data, the cost of groceries rose 8.5 per cent in July, after a 9.1 per cent increase in June.
"Slower price growth was due mainly to prices for fresh fruit and, to a lesser extent, bakery products," the report reads.