The Consumer Price Index (IPC) increased by 2.3% in July in Quebec, the Canadian province where inflation – still doped by grocery price growth – was the most important in the country.
Across the country, the IPC increased by 1.7% from one year to other year in July, slightly decreased compared to the 1.9% increase in June.
With a jump of 2.9% compared to July 2024, the territory of Yellowknife experienced the highest increase in IPC to the country, immediately followed by the province of Quebec (2.3%). Comparative, Ontario experienced price growth of 1.6% for the same period, under the Canadian average.
The grocery store continues to explode
Far from slowing down, food prices continue to grow and constitute one of the main drivers of cost of living in the country. For the record, in five years in Canada (from July 2020 to July 2025), food prices recorded growth of 27.1%.
According to Statiere Canada, food prices purchased in stores displayed an increase of 3.4% from July 2024 to July 2025. A trend that tends to accelerate: from June 2024 to June 2025, the growth recorded was only 2.8%.
Coffee price growth continues to surprise with an increase of 28.6% over a year. That of confectionery too, with a voucher of 11.8 % during the same period.
The prices of fresh fruit also increased by 3.9% from one year to the next in July, after having increased by 2.1% in June. According to Statistics Canada, this phenomenon is mainly due to the effect of the increase in grape prices (+29.7%).
As for the prices of basic ingredients, such as cocoa beans and coffee, their increase is mainly explained by unfavorable weather conditions.
Highly decreased gasoline
In contrast, the drop in the cost of gasoline has greatly contributed to containing the increase in IPC across the country. Pump prices fell 16.1% from one year to the next in July, after decreasing by 13.4% in June.
Without gasoline, stresses Statistical Canada, the IPC would have recorded an increase of 2.5% in July. The slowdown observed in July (+1.7% compared to 1.9% in June) was attenuated by the rise in prices in grocery stores and by the less marked decrease from one year to the other of the prices of natural gas compared to June.
The IPC increased by 0.3% from one month to another in July. On a monthly basis, the IPC increased by 0.1%.
