Food Prices to Rise 3 to 5 Percent in 2025, Report Predicts

Food Prices to Rise 3 to 5 Percent in 2025, Report Predicts
A person shops for groceries in a file photo. Romeo Gacad/AFP/Getty Images
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The latest Canada’s Food Price Report forecasts a food price increase of 3 percent to 5 percent in 2025, increasing overall food costs for the average family of four by $801.56.

“We expect food prices in 2025 to increase at a slightly higher pace than in 2024,” the report said.