As grocery inflation outpaces overall inflation for the third month in a row, many British Columbians are finding themselves squeezed and increasingly worrying about debt.
Canada’s inflation rate eased in April, following the federal government’s removal of the consumer carbon tax and lower crude oil prices.
Despite that, grocery prices saw a 3.8 per cent year-over-year increase last month, up from a year-over-year jump of 3.2 per cent in March. Some non-profits say the higher prices are placing more British Columbians in a crunch.
“We’re actually seeing people come to us with higher amounts of debt as a result of all that accumulated borrowing and higher costs of living and higher cost of groceries that’s stacked up over the last…