07:12 AM EDT, 08/20/2025 (MT Newswires) -- Canadian food prices are starting to percolate again, up 0.4% month-over-month seasonally adjusted in both July and June and 11% annualized in the past six months, partly due to counter tariffs, said Bank of Montreal (BMO).

Grocery store prices have risen 3.4% in the past year non-seasonally adjusted, and a "hefty" 26% from four years ago, with notable spikes in coffee (58%), pasta (42%) and beef (41%).

However, there are a few relative bargains, including, bananas (8%), pork (9%), and fish/seafood, potatoes, cheese, and ice cream (all in the 14%-15% range).

These items have at least risen less than the employee average hourly wages (19%) since July 2021, easing the pain at the checkout counter, pointed out BMO.