Tuesday, January 21, 2025

Food prices finally under control

After more than a year of leading inflation, food prices rose by less than the Consumer Price Index in December.

Food prices rose by six-tenths of one per cent while the overall index rose by 1.8 per cent.


Restaurant food prices decline by 1.6 per cent from a year ago and down by 4.6 per cent from November because of the temporary pause in the GST.


Removing food prices from the index means overall prices were up by 2.1 per cent.