OTTAWA — Foodservice operators may need to watch their bottom line closely as food prices in Canada continue to rise.Statistics Canada reports consumer prices rose 3.2 per cent in September from the same month the previous year, led by higher prices in gasoline and food. This also follows a 3.1-per-cent increase posted in August.
“Prices for food rose 4.3 per cent in the 12 months to September after increasing 4.4 per cent in August,” reads the Statistics Canada statement on food prices.
Prices for food purchased from stores rose 4.8 per cent, following a five-per-cent increase in August. Consumers paid more for meat (6.1 per cent), bakery products (7.2 per cent) and fresh vegetables (13 per cent). The price of food purchased from restaurants was driven up 3.1 per cent.
Nova Scotia and New Brunswick posted the largest price increases.