Loblaw says Canada grocery inflation slows to 2.8% in August CPI report
Bitget2026/09/23 11:05- Loblaw published its September Food Inflation Report, flagging persistent affordability pressure despite easing grocery inflation.
- August grocery inflation slowed to 2.8% year over year, falling below overall inflation for the first time in over a year.
- Report highlighted emerging cost risks from El Niño, commodity volatility, seafood supply constraints, tariff measures.
- Response outlined product identification for tariff exposure, emphasis on Canadian-made or prepared items, competitive sourcing to protect value.
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