Online tool tracks ongoing changes to grocery prices
It’s been the hot-button topic for so long, it’s easy to forget just how much inflation has forever changed the cost of household budgeting.
An online tool can help track exactly how much individual goods have changed in price. The Average Retail Food Prices Data Visualization Tool is helpful to show the price increase or decrease for 105 typical grocery items. For example, the cost for one kilogram of chicken breast in BC was $18.18 in March compared to $16.71 a year earlier. Meanwhile, a 454 gram block of butter was $6.08 in March — down from $6.45 in the same month in 2023.
In BC, the item that saw the largest increase in price over the last year is infant formula, which is up 24% year over year.