Canada’s Food Price Report 2021 Predicts Annual Food Expenditure Could Go Up by as Much as $695 Compared to 2020

The 11th annual edition of Canada’s Food Price Report forecasts an overall food price increase of 3 to 5% for 2021. The most significant increases are predicted for meat at 4.5 to 6.5%, bakery at 3.5 to 5.5%, and vegetables at 4.5 to 6.5%.

FMI Releases Resources on COVID-19 Pandemic Impact on Food Prices

October 15, 2020 FMI

FMI—The Food Industry Association today releases a web experience that explains how the COVID-19 pandemic has affected grocery prices more than nearly any other category of consumer spending. In April, the Consumer Price Index for food at-home posted its largest monthly increase since February 1974 and grocery prices are up 5.6% for the period June 2019 to June 2020.