The rising cost of fruits and vegetables are having an effect on inflation, according to the latest numbers from Statistics Canada’s Consumer Price Index.
The annual inflation rate rose to 2% in January, after increasing 1.6% in December.
Food prices were up 4% overall, but it’s fruits and vegetables that have really shot up in price.
Vegetable prices went up a whopping 18.2% over a 12 month period, while fruits rose nearly 13%.
Fresh vegetables such as includes broccoli, cauliflower, celery and peppers saw the largest year-over-year increase at 22.7%.
The five foods that rose the most between January 2015 and January 2016:
17.9% – Lettuce
11.9% – Tomatoes
16.6% – Apples
11% – Oranges
7.4% – Nuts
And it’s not only food that has gone up, transportation was the second biggest contributor to the rise in inflation.
Consumer prices increase in seven of eight major components (excludes gas)
Consumer price rises by province