But not grocery, it went up 7.3 percent last month according to statistics Canada. Some fodder there for research buffs.
This was discussed briefly on a previous thread and at other occasions. The near monopoly situation that exists in the Canadian grocery industry will be an essential factor in this, given not only their dominance in the industry, but the way they compete as well. Pricing is not their choice of competitive tactics. Rather plush looking stores with what seemed like ever expanding offerings of specialty and prepared foods. As demand for such things declines under the pressures of overall price increases in grocery and declining incomes sources, these initiatives remain a significant part of the overhead structure and thus are factored into overall pricing.
Meanwhile, Monsanto's stock has done very well as they go about manipulating third world food producers into using their once only genetically modified seed. I was told that the price for corn paid to farmers in Ontario never went up significantly when production costs related to energy were skyrocketing and people were worried about how Ethanol production was affecting World food supplies. Another item that defied the law of gravity.
Meanwhile, Kuwait has had a great year.
"KUWAIT CITY (AFP) - Kuwaiti government revenues reached 18.55 billion dinars (64.4 billion dollars) in the first nine months of the fiscal year, almost covering full-year budgeted spending, the finance ministry said on Sunday."