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	<title>food prices likely to rise by 7 per cent next year Archives - Maple Leaf TV - Latest Canada News, World News, Entertainment News</title>
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	<title>food prices likely to rise by 7 per cent next year Archives - Maple Leaf TV - Latest Canada News, World News, Entertainment News</title>
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		<title>Canadians won&#8217;t get relief from inflation yet, food prices likely to rise by 7 per cent next year</title>
		<link>https://mapleleaftv.com/canadians-wont-get-relief-from-inflation-yet-food-prices-likely-to-rise-by-7-per-cent-next-year/</link>
		
		<dc:creator><![CDATA[News Bureau]]></dc:creator>
		<pubDate>Wed, 07 Dec 2022 03:32:03 +0000</pubDate>
				<category><![CDATA[Lifestyle]]></category>
		<category><![CDATA[Canadians won't get relief from inflation yet]]></category>
		<category><![CDATA[food prices likely to rise by 7 per cent next year]]></category>
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					<description><![CDATA[<p>Ottawa: Due to the rise in food prices, Canadians will have to bear the brunt...</p>
<p>The post <a href="https://mapleleaftv.com/canadians-wont-get-relief-from-inflation-yet-food-prices-likely-to-rise-by-7-per-cent-next-year/">Canadians won&#8217;t get relief from inflation yet, food prices likely to rise by 7 per cent next year</a> appeared first on <a href="https://mapleleaftv.com">Maple Leaf TV - Latest Canada News, World News, Entertainment News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Ottawa: Due to the rise in food prices, Canadians will have to bear the brunt of inflation next year as well. Food prices are expected to rise by 7 per cent in 2023.</p>
<p>The four-member family&#8217;s total annual expenditure on rations could be $16,288, an increase of $1,065 from this year. This has been revealed in the food items report.</p>
<p>According to an official report, next year in Canada, a 40-year-old woman will have to spend $ 3,740 for kitchen rations and a man will have to spend $ 4,168. The report was released by Sylvain Charlebois, professor of food distribution and policy at Dalhousie University.</p>
<p>He said the prices of food items are likely to go up in the first half of next year.</p>
<p>Climate change, geopolitical conflicts, costlier energy and the effects of COVID-19 can have an impact on food inflation, he said. Food prices will also be impacted by currency fluctuations and weakening of the Canadian dollar.</p>
<p>Most of the produce in Canada comes from the US, which is facing very difficult conditions. According to Canada&#8217;s Statistics Department, food prices were rising 11 percent in October compared to the previous year.</p>
<p>&nbsp;</p>
<p>The post <a href="https://mapleleaftv.com/canadians-wont-get-relief-from-inflation-yet-food-prices-likely-to-rise-by-7-per-cent-next-year/">Canadians won&#8217;t get relief from inflation yet, food prices likely to rise by 7 per cent next year</a> appeared first on <a href="https://mapleleaftv.com">Maple Leaf TV - Latest Canada News, World News, Entertainment News</a>.</p>
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