Expect some food prices to get cheaper next year — but typical grocery bills may still go up by $700

Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family's overall grocery bill is set to increase by about $700 to more than $16,000 in 2024.

Expect some food prices to get cheaper next year — but typical grocery bills may still go up by $700
A shopper at a produce counter in St. Lawrence Market in Toronto, Ontario, Canada, on Tuesday, Jan. 17, 2023.

Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family's overall grocery bill is set to increase by about $700 to more than $16,000 in 2024.