Loblaw's New Food Inflation Report Flags Persistent Grocery Price Pressure
Loblaw's latest Food Inflation Report points to weather, freight and trade uncertainty as grocery prices sit roughly 27% above levels from five years ago.
Loblaw published a new edition of its Food Inflation Report in mid-July 2026, addressing why grocery price pressures remain persistent across Canada. The report points to weather and harvest conditions, freight and global supply disruptions, and energy volatility and trade uncertainty as the factors making food costs hard to predict.
The report follows Statistics Canada data showing food purchased from stores was up 4.3% year over year as of May 2026, with fresh vegetables up 9.0% and beef up 13.3%. Grocery prices in Canada are now about 27% higher than they were five years ago.
- Food purchased from stores: +4.3% year over year (May 2026) - Fresh vegetables: +9.0% - Beef: +13.3% - Overall grocery prices: about 27% higher than five years ago
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Sources
- Deli Market News - Loblaw Announces Latest Edition of Food Inflation Report
- Loblaw - July Food Inflation Report
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