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CHARLEBOIS: Why the most important food prices are rising again
When both meat and produce rise at the same time, it’s not a coincidence — it’s a signal the entire food system is under pressure
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Food inflation in Canada may have eased to 4.0% in March, but don’t be misled by the headline. The number that matters most — food purchased from stores— actually rose to 4.4%, up 0.3 percentage points. That increase tells us something important: cost pressures are not fading. In fact, they are shifting — and intensifying in key categories.
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