Back to today’s briefing

Story perspectives

Canada's Food Inflation Hits 6.2% Amid Price Volatility

1/19/2026

36 3 Full Breakdown

Summary

Story summary

Canada's food inflation rose to 6.2% in December 2025, the highest among the G7.
The rise followed the end of a temporary GST holiday that had lowered prices.
Since June 2024, food inflation outpaced overall inflation, with restaurant meals up 8.5%, coffee above 30%, and beef 16.8%.
Experts warn that temporary tax breaks can create price volatility, contributing to inflation rising to 2.4% from an expected 2.2%.

1 of 1

Story summary

Canada's food inflation rose to 6.2% in December 2025, the highest among the G7.
The rise followed the end of a temporary GST holiday that had lowered prices.
Since June 2024, food inflation outpaced overall inflation, with restaurant meals up 8.5%, coffee above 30%, and beef 16.8%.
Experts warn that temporary tax breaks can create price volatility, contributing to inflation rising to 2.4% from an expected 2.2%.