this post was submitted on 17 Oct 2023
15 points (100.0% liked)

Personal Finance Canada

1197 readers
38 users here now

Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!

founded 1 year ago
MODERATORS
top 6 comments
sorted by: hot top controversial new old
[–] [email protected] 8 points 1 year ago (2 children)

I do feel the slow down personally. But honestly, I think things could stand to deflate for a minute before normal inflation resumes.

[–] [email protected] 5 points 1 year ago (1 children)

The only grocery I’ve ever seen deflate adjusting to lower commodity costs was specialty coffee, and even still, it’s rare

Grocery prices are sticky.

[–] [email protected] 2 points 1 year ago (1 children)

I go to small immigrant grocers in the city. Inflation has not been nearly as bad and quality is good. I avoid the big chains.

[–] [email protected] 2 points 1 year ago (1 children)

Not worth it for me. What I’d get in savings I’d be spending in transportation because I do groceries every week.

[–] [email protected] 1 points 1 year ago

Yeah, I think this is another example of how our bad city design is leading to market concentration and suffocating our economy.

[–] Boxtifer 3 points 1 year ago

This is the new normal.