Skip to content
The Daily TeabagThe Daily Teabag

Topic

#grocery

A gas-price sign on Eglinton Avenue, Toronto — Photo: Anthony Easton, CC BY 2.0

Data Desk|Canada

September CPI: gasoline lifts inflation to 3.1% while grocery inflation slows to 1.7%

Statistics Canada (19 October): the Consumer Price Index rose 3.1% year over year in September, up from 3.0% in August, led by gasoline (+27.8%). Excluding gasoline, the CPI rose 2.2%. Prices for food from stores rose 1.7%, the smallest increase since May 2024, but are still 33.0% higher than in September 2020. Fuel oil rose 57.8%. The next release is 16 November.

Daily Teabag Desk·Centre
Ambassador Bridge from the Detroit River, Windsor, Ontario — Photo: Chris Woodrich, CC BY-SA 4.0

Accountability|Canada, United States

U.S. bars certain Canadian alcohol, dairy and motorcycles — Section 338 exclusions hit

Presidential Proclamations 11061, 11062 and 11063 exclude specified Canadian alcoholic beverages, dairy products and motor-vehicle products from importation into the United States effective 29 September 2026 at 12:01 a.m. ET — escalating from the prior 50% Section 338 duties. CBP is rejecting covered entries in ACE. Distinct from steel tariffs that Stelco cited when idling Hamilton cold-rolled lines.

Daily Teabag Desk·Slight right
Shopping cart in a supermarket — Photo: Nesnad, CC BY 4.0

Data Desk|Canada

Groceries cooled to +2.8% — but the five-year climb is still ~29%

Statistics Canada’s August 2026 CPI (released 14 September): all-items +3.0% year-over-year; food from stores +2.8% — first time since July 2024 below headline. Food from stores is still about +29.0% since August 2021. Next release: 19 October 2026.

Daily Teabag Desk·Centre