Experts are warning that the price of food at local grocery stores are likely going to increase for several months.
Statistics Canada has reported a 2.7 percent increase in food prices over the past year, but new research is now showing that it may be actually five percent or more. In specialized areas such as that of meat products, more than 10 percent.
Sylvain Charlebois, the senior director of the Agri-Food Analytics Lab at Dalhousie University, told BNN Bloomberg and CTV News that food prices have seen increases of about five percent since January.
