My recent shout-out asking for examples of inflation produced a full shopping list full of examples. We know inflation is on the rise – we started the year with prices rising 1 per cent year over year and hit 3.6 per cent in May. Now, let’s look at some specifics, as reported by readers of this newsletter:
- A reader in Woodbridge, Ont., reports that a five-litre jug of canola oil recently sold at one national retailer for $13.99, up from $11.99 a few weeks ago and $6.99 in the past.
- A reader in Kamloops, B.C., found that carpeting went from $3.57 a square foot in January to $4.50, which was negotiated down to $4.20.
- A men’s haircut for one reader has climbed to $40 from $30.
- A pint of beer at a restaurant in Guelph, Ont., has gone from $8 to just over $10.
- Packs of bacon purchased by one reader have remained steady in price, but the weight has fallen to 375 grams from 500g.
- An Ottawa reader offered a bunch of examples of food inflation,…