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Food prices to rise 4-6% next year: report

Expect food to take up a bigger share of household budgets next year.

The latest Food Price Report produced by several Canadian universities is projecting that an average family of four will pay an estimated $994.63 more for food in 2026 than this year because of issues like trade and climate change.

The increase, making for an estimated total bill of $17,571.79, comes from a projected four to six per cent inflation rate for food next year, according to the report produced by the agri-food analytics lab at Dalhousie University in partnership with several other universities.

The inflation rate is higher than the roughly four per cent seen this year, and wo

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