#grocery-inflation

#grocery-inflation

Food prices in Canada could increase by four to six per cent next year, largely driven by pricier meat products, according to a forecast by researchers at Dalhousie University. Beef in particular is expected to get more expensive, potentially rising seven per cent, as cattle sizes shrink (those markets are susceptible to tariffs) and more ranchers leave the industry, said the research team behind Canada's Food Price Report. Tightened beef supply is expected to last through 2027, though the country has upped its import volume to deal with those challenges, according to the forecast.

CLAIM: Walmart prices show that the cost of Thanksgiving dinner is 25% lower in 2025 than in 2024. THE FACTS: This is misleading. While Walmart's 2025 meal basket costs about 25% less than the one from 2024, that's because it offers fewer items and different products that make it more affordable. "It's not apples to apples, right?" said David Anderson, a livestock economist at Texas A&M University. "What this does highlight is individual retailers' strategies for getting customers in the door."

Today, Aldi has announced that it intends to give cash-conscious consumers the ability to get a full turkey spread for 10 people for just $40. As Aldi notes, at an average cost of just $4 per person, the deal, per household guest, costs "less than a pumpkin spice latte." The deal also happens to be $7 cheaper than the $47 Thanksgiving dinner for 10 that Aldi offered last year.

Grocery price inflation has been recorded at 6.3pc in the 12 weeks to the start of this month. This is up from 5.4pc in the previous 12-week period, according to retail industry consultants Worldpanel, which used to be called Kantar. The spiralling cost of everyday essentials is forcing consumers to cut back on what they buy in the shops and to substitute expensive items like beef for cheaper alternatives like chicken, experts have said.

Any policies which affect the operating costs of business should be considered very, very carefully because of the very real risk they find their way back into the food system and on to prices, Hurley told the BBC. UK grocery inflation jumps to highest level in 15 months The German discounter said its decline in profits from 552.9m to 435.5m was in part due to the budget chain's spending in price promotions and raising pay for staff, as well as an intensive store opening programme.

To determine just how much these rising grocery prices is going to cost parents, the company examined the past three years of lunch-related food prices. While noting that the contents of each kid's lunch will obviously look different, it used classics like a peanut butter and jelly sandwich alongside a "contemporary lunch featuring a chicken and avocado quesadilla, a health-and-wellness lunch centered on a salad, and a convenience lunch built around a prepackaged meat, cheese, and crackers kit."

Worldpanel by Numerator said grocery inflation continued to rise, increasing from 5.43pc in the previous 12-week period to 5.86pc in the 12 weeks to this month. Higher spending on promotional items was recorded for alcohol, frozen foods and household items. Worldpanel said this figure is based on over 30,000 identical products compared year-on-year in the proportions purchased by Irish shoppers and therefore represents the most authoritative figure currently available.