Food inflation on the rise since 2022, peaked again at the end of 2025: Bank of Canada - News Summed Up

Food inflation on the rise since 2022, peaked again at the end of 2025: Bank of Canada


Food inflation in Canada has been increasing relentlessly, even more than inflation on other goods, spiking again at the end of 2025. In a February article published on the Bank of Canada website entitled “Understanding the resurgence of food inflation in 2025,” Olga Bilyk writes that food inflation reached 5 per cent in December, the highest since late 2023. Advertisement AdvertisementAdvertisement AdvertisementFood inflation is the measure economists call the year-over-year increase in food prices. Imported food prices began rising early in the year, she says. Otherwise, it’s made in Canada using domestic goods, for example wheat or eggs, or imported goods such as foreign-sourced ingredients.


Source: National Post February 05, 2026 12:49 UTC



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