If Inflation Is So Low, Why Are Groceries $240 A Week?

Inflation figures may be misleading due to outdated calculations on the cost of living, according to federal research. Statistics Canada noted prices of fruits and vegetables have risen sharply in the past decade while the relative cost of durable items like appliances and clothing declined with inexpensive imports. “There are many other more sophisticated ways of doing this,” said the Bank of Canada governor.

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