Cash Not Going As Far at the Grocery Store

Summary


"We've been looking for (price) reductions in food commodities from the point of view of the dollar rising," he said of the informal survey taken at supermarkets across the country.

In addition, said [Bruce Cran], "we're getting the story about crops grown being used to produce products that fit in with fuel production."

For manufacturers and retailers, said [Bruce Anderson], "the numbers are a signal that if consumers do grow increasingly frustrated about food prices, they do not know the background for some of the price increases and as a result are more inclined to relate the problem with gouging rather than the need to pass on rising costs for food ingredients."

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Extract


Cash Not Going As Far at the Grocery Store

Canadians feel pinch, survey shows

By Eric Shackleton

TORONTO -- A new survey indicates that many Canadians find their money doesn't go as far as it used to at the grocery store.

The Canadian Press Ha...

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