Food Prices Fall in Canada for First Time in 8 Years, StatCan Numbers Show

Food Prices Fall in Canada for First Time in 8 Years, StatCan Numbers Show
A shopper browses in an aisle at a grocery store In Toronto on Feb. 2, 2024. The Canadian Press/Cole Burston
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While inflation inched up, Canadian food prices fell in January for the first time since 2017, according to the latest data from Statistics Canada.

The Consumer Price Index (CPI) rose 1.9 percent year over year in January, StatCan said on Feb. 18. In December, the CPI saw a 1.8 percent increase.