Economists say there are a number of factors driving up food prices, but they expect food inflation to slow over time. Here's a look at what’s behind Canada’s high grocery prices and what to expect in the coming months.

TLDR; climate change, Russia, supply chain not recovered, labor shortages; more price increases expected :/

  • kfet@lemmy.caOPEnglish
    11·
    1 year ago

    Oh, it’s a TLDR of the article, not my opinion.

    The grocery stores record profits make it obvious they have more than enough room to absorb a lot of the upstream pressure for price increases. They don’t feel compelled to do so in any way though :/

    • DessertStorms@kbin.social
      51·
      1 year ago

      Sorry, I should have been more clear, my criticism isn’t of your TL;DR, it’s of the fact that it didn’t include capitalism (which I understand is because the article doesn’t, which is what I’m criticising).

    • EhForumUser@lemmy.ca
      22·
      1 year ago

      The margins have grown considerably in the past year, yes, but they also know what’s coming. Make hay while the sun shines.