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Switching stores to cope with high inflation: Food sales at food and beverage stores and general merchandise stores

Author

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  • Sean Clarke
  • Rebecca Lehto
  • Simon Sheldrick

Abstract

Increases in grocery prices, measured year over year, have outpaced headline consumer inflation since late 2021. While food inflation has eased in recent months—falling out of double-digit territory in March and April 2023—prices for many grocery items have continued to increase month after month and, on balance, are 20% above levels reported two years earlier. During 2022, the sticker shock in grocery aisles became remarkably broad-based, with elevated price growth—year-over-year price increases of 10% or more—affecting a larger share of overall food expenditures. This included spending on many household staples

Suggested Citation

  • Sean Clarke & Rebecca Lehto & Simon Sheldrick, 2023. "Switching stores to cope with high inflation: Food sales at food and beverage stores and general merchandise stores," Economic and Social Reports 202300700005e, Statistics Canada, Analytical Studies and Modelling Branch.
    • Handle: RePEc:stc:stcp8e:202300700005e
    DOI: https://doi.org/10.25318/36280001202300700005-eng
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    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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