#consumerconcerns

MalayalisNearMe Official

Post

๐Ÿ‘‰Motorists in the Greater Toronto Area (GTA) woke up to a sharp increase in gasoline prices, with a litre now costing approximately $1.79, marking the highest price since August 2022. According to Dan McTeague of GasWizard, three main factors are driving this surge: tensions in the Middle East, an increase in the carbon tax, and the seasonal switch from winter to summer gasoline blends. The transition to the costlier summer blend contributes to the rise in prices each spring due to the chemical differences between the two blends. The sudden spike in gas prices adds to the financial strain faced by consumers amidst a broader cost-of-living crisis, impacting essential expenses like groceries and rent.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #GasPrices #Ontario #CostOfLiving #CarbonTax #FuelBlend #MiddleEastTensions #ConsumerConcerns #GTA #mnm #malayalisnearmeapp #canadaupdate #canadanews

105 Views

6 months ago

MalayalisNearMe Official

Post

๐Ÿ‘‰Stores capitalize on last-minute Valentine's Day shoppers, pricing special-edition candies at a premium to clear out remaining stock. Procrastinating romantics may be in for a bitter surprise as prices of themed candies like Sour Patch Kids and Haribo are significantly higher than their regular counterparts. Veronica Fletcher, co-founder of Pantry and Larder, discovered the marked price difference. For instance, a Valentine's heart-shaped box of Sour Patch Kids costs $3.96, compared to $1.24 for the regular version. Retailers, including Walmart, are investigating these discrepancies. Consumer advocates express concern, questioning whether this is an exploitation of consumer expectations amid inflation.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #ValentinesDayCandy #LastMinuteShopping #PriceDiscrepancy #ConsumerConcerns #RetailPricing #ProcrastinatingRomantics #InflationImpact #mnm #malayalisnearmeapp #canadaupdate #canadanews

79 Views

9 months ago

MalayalisNearMe Official

Post

๐Ÿ‘‰As Canada enters the new year, hopes for a decrease in food prices are dampened by the 2024 Canadaโ€™s Food Price Report. Projections indicate a 2.5 to 4.5 per cent rise in grocery costs, impacting an average family's annual expenditure. The report attributes price hikes, especially in bakery, meat, and vegetable sectors, to factors such as supply chain disruptions, climate change, carbon tax, shelfation, and conflicts in Ukraine. With a 5.9 per cent overall increase in the Consumer Price Index (CPI), concerns rise over the two million food bank visits in the previous year, marking a significant uptick. Produced in collaboration with renowned universities, the annual report underscores the ongoing struggle to balance food prices amid a complex web of economic factors.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . #CanadianFoodPrices #FoodCosts #EconomicChallenges #FoodInflation #ConsumerConcerns #SupplyChainIssues #PriceControlEfforts #mnm #malayalisnearmeapp #canadaupdate #canadanews

98 Views

9 months ago

Showing results 1 โ€” 3 of 3