Health & Beauty inflation is on the rise

Inflation has decreased across all FMCG sectors except for Health & Beauty. Pet sector inflation has continued to decline week-over-week, driven in part by a larger decrease in Pet Food & Treats prices.

Highlights for the four week period ending February 25:

  • Grocery prices were up 2.09% vs. YA, a decrease from the prior week.
  • Health & beauty prices were up 12.69% vs. YA, an increase from the prior week.
  • Prices for household items were down -5.19% vs. YA, a decrease from the prior week.
  • New! Pet prices were down -3.57% vs. YA, a decrease from the prior week.

Gas & Convenience grocery inflation remains volatile

Week-over-week, Club, Drug, and Gas & Convenience grocery inflation have decreased— though Gas & Convenience inflation remains elevated. The rates of Online and Liquor grocery inflation have increased slightly.

Grocery inflation has decreased across demographic groups

The rate of Gen Z grocery inflation, frequently volatile compared to other generations, has decreased significantly compared to a year ago. All other tracked consumer groups have experienced a decrease in the rate of inflation week-over-week.

COVID-19 Impact on Consumer Behaviour

For past insights into Canadian consumer behaviour and sentiment as it relates to the COVID-19 pandemic, check out our survey insights from March 2020 through May 2022.

See the insights.

Get updates on inflation

Subscribe For Updates