Loblaw Releases August Food Inflation Report After July CPI
July CPI showed food inflation from stores easing to 3.1% year over year from 3.9% in June, but affordability pressures for Canadians remain elevated. Loblaw’s August Food Inflation Report contextualizes ongoing cost pressures from weather, freight, supplier costs, currency moves and tariff uncertainty, and notes shoppers are stretching budgets while the company takes steps to deliver value.