As the cost of food continues to fluctuate, consumers are always on the lookout for ways to save money at the grocery store. According to Sylvain Charlebois, director of the Agri-food Analytics Lab (AAL) at Dalhousie University, there are opportunities to find savings at the seafood and meat counter, as well as among fresh fruit. In a recent analysis, Charlebois found that while the price of bacon and vegetables increased in February, the cost of fresh fruits and fish actually decreased.
This trend is likely due to consumers seeking out more affordable protein options, as seafood is often perceived as a pricier choice. Charlebois also pointed out that frozen food aisles and the meat counter can offer good deals for shoppers. With the exception of bacon, which saw a price increase, other meat options like ham have become more affordable. Additionally, there are pockets of savings to be found in the dairy section and with vegetable proteins like tofu, hummus, and dry beans. The latest data released by Statistics Canada showed that inflation in February dropped to 2.4 per cent, marking the first decrease since October 2021. While prices are still rising, they are doing so at a much slower pace, providing some relief to consumers. Despite the overall decrease in inflation, some shoppers have not noticed significant savings yet. Noella Lebrun, a shopper in Fredericton, N. B., mentioned that she hasn't seen much of a difference in prices. However, Charlebois reassured consumers that there are indeed opportunities to save, particularly in certain food categories like ham, dairy, and fruit. Charlebois also highlighted the volatility of food prices in February, noting that it is a common occurrence during this time of year. He emphasized that the recent report is actually encouraging, as it suggests that prices are stabilizing after a period of uncertainty. One interesting observation from the data is the decrease in the cost of fruit, fruit preparations, and nuts. This, coupled with the drop in seafood prices, presents an opportunity for consumers to incorporate more affordable and nutritious options into their diet. Overall, Charlebois encourages shoppers to take advantage of the current market trends and explore different food options to maximize savings. Whether it's opting for frozen foods, exploring the meat counter for deals, or incorporating more fruit and vegetables into their diet, there are ways for consumers to navigate the evolving food landscape and make cost-effective choices. In conclusion, while food inflation may be a concern for many consumers, there are ways to mitigate its impact by being strategic in shopping habits and staying informed about market trends. By taking advantage of opportunities to save at the seafood and meat counter, as well as with fresh fruit options, consumers can make smart choices that benefit both their wallets and their health.Expert recommends saving money at the grocery store on fruit and fish
6 months ago
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