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February Canadian Food Prices Up Almost 4 Per Cent

Higher food prices contributed to an almost 2 per cent hike in the Consumer Price Index for February.

Statistics Canada says consumers paid 3 point 9 per cent more for food in February compared to a year ago.

Prices for food bought from stores were up 4 point 4 per cent while food purchased from restaurants was 2 point 7 per cent more expensive than the year before.

Statscan says higher fresh vegetable and fresh fruit prices contributed the most to those price hikes.

The agency says the 1 point 6 per cent increase in it's meat price index was the smallest gain for that category since January of 2014.

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(File photo courtesy of © Can Stock Photo Inc. / dehooks)

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