Canadian food inflation: International dynamics and local agency
José G. Nuño‐Ledesma,
Michael von Massow
Abstract:We offer a descriptive analysis of the complexities surrounding food price inflation in Canada three years after the outbreak of COVID‐19. The Consumer Price Index and its food component have registered significant shifts since 2020 and remain elevated. This behavior is influenced by international dynamics, such as the conflict between Russia and Ukraine and the consequent commodity price surges, and domestic factors, including grocery market concentration. As external events interact with local policies, busi… Show more
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