Consumers are seeing higher food inflation at grocery stores compared to restaurants.
The man known as the “Food Professor” believes food inflation has peaked and we will see a slower rate of increases in the coming months.
Dr. Sylvain Charlebois and his team at Dalhousie University keep close tabs on all of the data involving food distribution.
Menu prices aren’t going up as much as prices at the grocery store. He says statistics for June in the U.S. show 12 per cent increase at the grocery store and 7 per cent in restaurants.
Charlebois believes food inflation has peaked and we will see a slower rate of increases in the coming months. In the interim he says consumers are looking for the best buys, due to inflation, with 26.1 per cent of consumers in North America changing the primary location they buy food.
Charlebois says prior to COVID Canadians spent 65 percent of their food dollars at grocery stores. That total is now 77 percent.
















