Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range. - eviltoast

Excluding gasoline, headline inflation would have been 4.0% in June, following a 4.4% increase in May.

Canadians continued to see elevated grocery prices (+9.1%) and mortgage interest costs (+30.1%) in June, with those indexes contributing the most to the headline CPI increase.

The all-items excluding food index rose 1.7% and the all-items excluding mortgage interest cost index rose 2.0%.

https://www150.statcan.gc.ca/n1/daily-quotidien/230718/dq230718a-eng.htm?HPA=1

  • crazy@canadian.loon@lemmy.ca
    1·
    1 year ago

    Hm, so that means if we switch from dairy to plant based milks and reduce our beef consumption, that should temper our expenses. I don’t think our family is ready to go full vegetarian though. What is the situation with chicken and pork?

    • EhForumUser@lemmy.ca
      1·
      1 year ago

      Poultry is supply managed, much like dairy. That said, tiny scale poultry farmers are exempted from needing quota, so as an individual you can likely find someone to buy direct from.

      Pork, like beef, is open season. You may struggle to find a butcher legally available, however. They are booked up years at a time.