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Fall in grocery prices not real for shoppers

Darpan News Desk The Canadian Press, 27 Apr, 2023 10:53 AM
  • Fall in grocery prices not real for shoppers

If you thought the price of food was persistently, painfully high, you are not alone.

On global markets, the price of grains, vegetable oil, dairy and other agricultural commodities has fallen steadily for months.

But the relief hasn't made it to the real world of shopkeepers, street vendors and families trying to make ends meet.

U-S economist Joseph Glauber says that's because of energy costs, which are embedded in so-called core inflation.

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