this post was submitted on 18 Jul 2023
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Excluding gasoline, headline inflation would have been 4.0% in June, following a 4.4% increase in May.

Canadians continued to see elevated grocery prices (+9.1%) and mortgage interest costs (+30.1%) in June, with those indexes contributing the most to the headline CPI increase.

The all-items excluding food index rose 1.7% and the all-items excluding mortgage interest cost index rose 2.0%.

https://www150.statcan.gc.ca/n1/daily-quotidien/230718/dq230718a-eng.htm?HPA=1

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[–] grte@lemmy.ca 32 points 1 year ago (5 children)

Boy that grocery inflation sure is sticky. Almost like the cause is located within the industry itself and not a factor being forced upon it externally.

[–] oneofthemladygoats@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

I

N

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G

R

A

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O

N

but no, no greedflation here

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