The often-priciest part of your grocery bill will likely get even pricier, according to the 2025 Food Price Report.
The annual report anticipates meat prices rising between four and six per cent in 2025. Between September 2023 and September 2024, meat prices climbed 3.1 per cent, with beef prices increasing by 9.2 per cent in the same period.
Dalhousie University Food Analytics Lab director Sylvain Charlebois co-authored the report, and says it will be “extremely difficult” for consumers to absorb those increases.
“The one thing that is likely going to push food inflation higher in 2025 are meat prices,” he said.
There are a number of factors that influence price, but the increases are due, in part, to a supply issue, Charlebois says.
“The avian flu is really the factor there. We’re expecting avian flu to push chicken prices higher,” he said of poultry prices.
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