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Stock impact report

Grocery prices rise again in September, candy prices expected to remain elevated ahead of Halloween [Yahoo! Finance Canada]

Advantage Solutions Inc. - Class A (ADV) 
Consumers continue to see higher prices for everyday groceries, and they could face higher candy costs this Halloween. The cost of groceries increased 1.3% year over year in September and 0.4% month over month, according to the latest Consumer Price Index report . Prices rose slightly more than the 0.9% year-over-year increase in August. Five out of the six food groups the Bureau of Labor Statistics monitors saw price increases from August to September. Food at home inflation was led by the meats, poultry, fish, and eggs category, which saw a 0.8% increase compared to the month prior. Egg prices, in particular, climbed 8.4% on a monthly basis and were up a whopping 39.6% compared to September of last year. Cereal and bakery products also grew 0.3% month over month, led by higher prices for rice, pasta, and cornmeal, up 1.3%, along with increases for cakes, cupcakes, and cookies, up 1.2%. Fruit and vegetables also saw a 0.9% monthly increase, led by the cost of citrus fruits Show less Read more
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