this post was submitted on 09 Sep 2024
56 points (100.0% liked)

Canada

7203 readers
329 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] ImplyingImplications@lemmy.ca 5 points 2 months ago (1 children)

Genuine question, how is this different than tracking inflation of food? Something that Statistics Canada already does.

[–] Pixel@lemmy.ca 15 points 2 months ago* (last edited 2 months ago)

That's a fair question. The Consumer Price Index only provides data in aggregate form from a basket of retailers. The Statistics Act protects against the disclosure of specific data points. The consumer price index is important to track inflation affecting Canadians at large, but it isn't very useful for analyzing specific pricing trends.

I believe the organizer of this effort is specifically looking to find instances in which grocers and players within the grocery sector increase prices for non branded goods at the same time, which implies collusion. Think for example, bread price fixing and when they break the promise of not raising prices for x number of months. They wrote down a few analysis ideas to that effect.