Chicken thighs are how much? Here's what's driving the latest grocery sticker shock
Despite a slight easing in Canada's overall inflation rate, grocery prices for specific items like chicken thighs have surged significantly. Experts attribute this to high demand as consumers shift away from more expensive proteins like beef.
Why it matters
Rising food costs continue to impact household budgets, highlighting the economic pressure of inflation on essential goods.
Canada's inflation rate might have eased last month, but your grocery bill likely hasn't. Statistics Canada's newest consumer price index (CPI) numbers show overall inflation eased to 2.8 per cent in June as gas prices decelerated, but prices for some grocery items still went up.
The worst month-over-month offender was chicken thighs. Prices for fresh or frozen thighs jumped 8.2 per cent from May to June, according to the CPI — far above the monthly increases for the usual offenders like beef and coffee — while year on year, prices jumped 13.6 per cent compared to last June.
At the same time, prices for other grocery items that had been giving Canadians sticker shock of late — like cucumbers , tomatoes , and grapes — all dropped from May to June.
Canada's inflation rate eased to 2.8% in June thanks to lower gas prices
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