It doesn't matter whether or not people understand how inflation works, if food prices continue to go up like this it means people are gonna hurt even more.
Quote:
After a year that saw food prices climb by numbers not seen in decades due to record inflation, the cost of groceries in Canada is expected to continue rising in 2023, a new report suggests.
The latest Canada Food Price Report released Monday estimates food prices will increase by another five to seven per cent on average next year, adding hundreds of dollars to the average family’s annual expenses.
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https://globalnews.ca/news/9321958/c...e-report-2023/