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Inflation: Here's how much food prices went up in Canada in March

Canada's inflation rate slowed to 4.3 per cent in March, but Canadians shouldn't expect to see significant price drops at the grocery store.
Canada's inflation rate slowed to 4.3 per cent in March, but Canadians shouldn't expect to see food price relief at the grocery store. (AP Photo/Gerald Herbert) (The Associated Press)

Canada's inflation rate slowed to 4.3 per cent in March, but Canadians shouldn't expect to see significant price drops at the grocery store.

According to Statistics Canada's latest Consumer Price Index (CPI) report, food prices, which include both groceries and food from restaurants, increased 8.9 per cent year-over-year in March, a slower pace then 9.7 per cent in February.

Restaurant food prices increased 7.2 per cent in March, with the cost of fast food and takeout jumping 8 per cent. The price of food purchased from grocery stores increased 9.7 per cent, "with the slowdown stemming from lower prices for fresh fruit and vegetables," Statistics Canada said. The increase marks a slight pullback from the 10.6 per cent jump recorded in February.

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"While food price inflation slowed, prices continued to rise on average on a month-to-month basis, which is in slight contrast to the U.S. (CPI) figures released last week," CIBC economist Andrew Grantham wrote in a note on Tuesday.

"We expect clearer signs of easing food price inflation to emerge over the summer months."

Here's a list of the year-over-year price increases in March for food from Canadian grocery stores. The figures in brackets are the year-over-year price increases recorded in February.

Meat: +6.6 per cent (+6.2 per cent)

Dairy products: +7.3 per cent (+9.1 per cent)

Cheese: +4.9 per cent (+7.5 per cent)

Bakery products: +14.2 per cent (+13.9 per cent)

Fresh fruit: +7.1 per cent (+10.5 per cent)

Apples: +15.8 per cent (+16.6 per cent)

Oranges: +5.1 per cent (+15.1 per cent)

Fresh vegetables: +10.8 per cent (+13.4 per cent)

Lettuce: +8 per cent (+20.2 per cent)

Tomatoes: +10.9 per cent (+7.1 per cent)

Potatoes: +11.4 per cent (+11.8 per cent)

Eggs: +11.8 per cent (+13.6 per cent)

Fresh milk: +6.7 per cent (+7.3 per cent)

Pasta products: +14.2 per cent (+23.1 per cent)

Frozen food preparations: +14 per cent (+11.5 per cent)

Fresh or frozen poultry: +10 per cent (+10.7 per cent)

Processed meat: +6.3 per cent (+8.1 per cent)

Coffee and tea: +11.1 per cent (+10.6 per cent)

Edible fats and oils: +19.3 per cent (+18.8 per cent)

Condiments, spices and vinegars: +11 per cent (+10.8 per cent)

Alicja Siekierska is a senior reporter at Yahoo Finance Canada. Follow her on Twitter @alicjawithaj.

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