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Fall in grocery prices not real for shoppers

Darpan News Desk The Canadian Press, 27 Apr, 2023 10:53 AM
  • Fall in grocery prices not real for shoppers

If you thought the price of food was persistently, painfully high, you are not alone.

On global markets, the price of grains, vegetable oil, dairy and other agricultural commodities has fallen steadily for months.

But the relief hasn't made it to the real world of shopkeepers, street vendors and families trying to make ends meet.

U-S economist Joseph Glauber says that's because of energy costs, which are embedded in so-called core inflation.

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Housing prices remain soft, sales flat, throughout the Fraser Valley

Housing prices remain soft, sales flat, throughout the Fraser Valley
Prices continued to soften, with month-over-month Benchmark prices down slightly across all property categories. For detached homes, prices are on par with October 2021 levels, while townhomes and apartments are up 7.7 per cent and 11.5 per cent, respectively, over 2021.

Housing prices remain soft, sales flat, throughout the Fraser Valley

Funeral honours RCMP officer in Richmond, B.C.

Funeral honours RCMP officer in Richmond, B.C.
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Funeral honours RCMP officer in Richmond, B.C.

Hundreds attend Halloween melee in Delta, B.C.

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The injured teen suffered burns to her arm and shoulder when her jacket was set ablaze, the two officers received minor injuries and firefighters had to douse several bush and dumpster fires.  

Hundreds attend Halloween melee in Delta, B.C.

Vancouver home sales down 46% from last year

Vancouver home sales down 46% from last year
Last month sales totalled 1,903 and were 33.3 per cent below the 10-year October sales average. The board attributed the slowdown's continuation to inflation and rising interest rates, which have led many buyers and sellers to reassess purchasing or listing a home.

Vancouver home sales down 46% from last year

More rain for parts of drought-stricken B.C.

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Rain is predicted to be even heavier on the west coast of Vancouver Island, where about 80 mm could fall in less than 36 hours and models show some Metro Vancouver communities may receive 60 mm or more.

More rain for parts of drought-stricken B.C.

Mayor's lawyer suggests client treated unfairly

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Richard Peck is questioning the primary investigator at McCallum's provincial court mischief trial and says police couldn't tell in surveillance video if the mayor's foot had been injured by a woman driving a vehicle.

Mayor's lawyer suggests client treated unfairly