Evidence of Grocery ‘Greedflation’ Is Weak, Says Canadian Food Researcher

[Epoch-Times-Bot]

Evidence of Grocery 'Greedflation' Is Weak, Says Canadian Food Researcher

Available evidence suggesting that grocers are increasing food prices under the guise of inflation—a phenomenon also known as “greedflation”— is “weak, at best,” says  Sylvain Charlebois, a Canadian researcher and professor in food policy and distribution.
“Accusations of gouging in the food industry have reached an all-time high,” Charlebois said while testifying before the House of Commons finance committee on Sept. 28.
Charlebois said a recent survey found that 80 percent of Canadians believe food corporations “are taking advantage of the inflationary cycle to increase prices.”
Charlebois, who is the director of Agri-Food Analytics Lab, said he has investigated the matter with the help of several other food distribution researchers and found that “any evidence of ‘greedflation’ in food retail in Canada is weak at best.”...

Source: Evidence of Grocery 'Greedflation' Is Weak, Says Canadian Food Researcher

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