Tag: supply chain

With Lower Commodity Prices, Why Aren’t Food Prices Dropping?

One culprit rarely mentioned, especially by governments, is the high rate of public spending Many Canadians are wondering why food prices are not dropping at the same rate as agricultural commodity prices. Last year, Russia’s invasion of Ukraine pushed prices to astronomical levels. One year later, the agricultural commodity landscape looks incredibly different. Prices for agricultural commodities have dropped significantly ...

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Questioning Inflation Figures as US Consumer Price Index Drops to 4.9%

Commentary Numbers recently released indicate that the Consumer Price Index (CPI), the most commonly used indicator of inflationary pressures, fell to a one-year annualized rate of 4.9 percent in the United States. The Biden administration heralded this as a major triumph as Twitter shills sang the praises of the Democrats’ economic stewardship. (In Canada, the government said the CPI fell ...

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