Fight Food Inflation With Grocery Stocks Loblaw, Metro, Empire For Momentum Investors

You may have noticed higher prices at your grocery store. Year-over-year food inflation has hovered near the 11% mark since last autumn, Statistics Canada (StatsCan) figures show, and rising grocery prices show no sign of stopping. Canada's Food Price Report, published by Dalhousie University and the universities of British Columbia, Saskatchewan, and Guelph, predicts overall Canadian grocery prices will rise by five to seven per cent in 2023. "At 7%, our forecast a year ago was...