Switching stores to cope with high inflation: Food sales at food and beverage stores and general merchandise stores

Sean Clarke, Rebecca Lehto and Simon Sheldrick

Economic and Social Reports from Statistics Canada, Analytical Studies and Modelling Branch

Abstract: Increases in grocery prices, measured year over year, have outpaced headline consumer inflation since late 2021. While food inflation has eased in recent months—falling out of double-digit territory in March and April 2023—prices for many grocery items have continued to increase month after month and, on balance, are 20% above levels reported two years earlier. During 2022, the sticker shock in grocery aisles became remarkably broad-based, with elevated price growth—year-over-year price increases of 10% or more—affecting a larger share of overall food expenditures. This included spending on many household staples

Keywords: inflation; grocery; food sales; beverage stores; general merchandise stores (search for similar items in EconPapers)
JEL-codes: J23 M21 (search for similar items in EconPapers)
Date: 2023-07-26
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp8e:202300700005e

DOI: 10.25318/36280001202300700005-eng

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