Why Soaring Grocery Prices May Be Starting to Level Off

Why Soaring Grocery Prices May Be Starting to Level Off

Canadians might soon see some relief at the grocery store, with food prices expected to stabilize over the next few months.

Although food inflation rose slightly in March, experts anticipate a more steady trend through the summer. The next inflation update from Statistics Canada is scheduled for May 20, which could offer a clearer picture.

Host Kris McCusker speaks with Stuart Smyth, a professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan, about the factors driving food prices and the reasons they remain unpredictable.

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