Close X
Monday, September 23, 2024
ADVT 
National

Food items that got more expensive in August, and which ones saw prices go down

Darpan News Desk The Canadian Press, 17 Sep, 2024 10:29 AM
  • Food items that got more expensive in August, and which ones saw prices go down

Inflation has come down from its highs, and groceries are no exception.

Statistics Canada reported on Tuesday that grocery prices in August rose 2.4 per cent from the year before, a far cry from their peak of 11.4 per cent in late 2022 and early 2023. 

Overall annual inflation was two per cent in August, the slowest pace since February 2021. 

As Canadians grapple with double-digit increases in grocery prices over just a few years, here are some of the food items still on the rise, and the ones that are seeing prices move lower. 

Meat

Prices for meat rose 2.9 per cent in August compared with a year ago, led by beef (7.4 per cent) and pork (8.7 per cent). Chicken rose more slowly at 2.4 per cent. 

Meanwhile, prices for fish and other seafood were slightly down by 1.8 per cent. Canned salmon saw a particular decline, down 7.1 per cent, as did shrimp and prawns, down 7.3 per cent. 

Prices for processed meat declined slightly, with prices for ham down three per cent while bacon prices rose 8.6 per cent.

Dairy and eggs

Overall prices for dairy products rose 3.3 per cent, while fresh milk was up 2.8 per cent and cheese by 2.3 per cent. Butter prices declined 1.7 per cent. 

The price of eggs rose 3.4 per cent. 

Produce

Prices for fresh fruit rose 1.5 per cent, though oranges saw prices fall 6.6 per cent and the price of grapes rose 7.6 per cent. 

Prices for fresh vegetables rose faster than fruit at 4.4 per cent. Certain items saw double-digit price increases, such as onions (15.9 per cent) and peppers (11.6 per cent). Lettuce was up by 4.6 per cent, and tomatoes by 5.3 per cent. 

Other

Bakery product prices were up 1.2 per cent, with cookies and crackers rising 6.6 per cent even as prices for bread, rolls and buns were down 1.5 per cent. 

Edible fats and oils, not including margarine, rose by double digits at 11.4 per cent in August. 

Sugar and syrup rose 2.1 per cent, while coffee declined one per cent and non-alcoholic beverages rose 6.3 per cent. 

Prices for restaurant food rose faster than grocery prices, at 3.4 per cent. 

MORE National ARTICLES

Calgary mayor says water restrictions to last at least another week for repairs

Calgary mayor says water restrictions to last at least another week for repairs
Calgarians will have to put up with using pasta water on their plants and confronting droopy, unwashed hair in the mirror for at least another week as repair crews deal with a major water line break, says Mayor Jyoti Gondek. Calgarians were in their seventh day of water restrictions, made necessary after one of the city's two main feeder pipes fractured.

Calgary mayor says water restrictions to last at least another week for repairs

Vancouver port open to recommendations from TSB after seaplane-boat collision

Vancouver port open to recommendations from TSB after seaplane-boat collision
The Vancouver Fraser Port Authority says it is "certainly possible" that rules surrounding seaplanes operating in the city's downtown harbour could change in light of an aircraft colliding with a pleasure boat on takeoff over the weekend.

Vancouver port open to recommendations from TSB after seaplane-boat collision

Canada, U.S. interest rate policies set to diverge

Canada, U.S. interest rate policies set to diverge
With monetary policy at the Bank of Canada and U.S. Federal Reserve on track to diverge, experts say it could set the Canadian dollar up for volatility down the road. If the Bank of Canada’s rate falls too far below the Fed’s, it could negatively affect the loonie, said Allan Small, senior investment adviser at IA Private Wealth.

Canada, U.S. interest rate policies set to diverge

Trudeau heads to Italy as shadows of war in Ukraine, Gaza loom over G7 summit

Trudeau heads to Italy as shadows of war in Ukraine, Gaza loom over G7 summit
The three-day summit kicks off on Thursday in Apulia, Italy, where leaders of the seven wealthy democratic nations are expected to discuss the Russia-Ukraine and Israel-Hamas wars, the energy transition, artificial intelligence, migration and collaboration with Africa.

Trudeau heads to Italy as shadows of war in Ukraine, Gaza loom over G7 summit

Environment Canada predicts warm summer across country, especially in East

Environment Canada predicts warm summer across country, especially in East
Environment Canada is predicting a warmer-than-usual summer across the entire country, with the greatest chance of high temperatures everywhere east of Manitoba. The government agency released maps Tuesday suggesting the chance of a hot summer is virtually 100 per cent almost everywhere east of the Ontario-Manitoba boundary.

Environment Canada predicts warm summer across country, especially in East

ATV crash in B.C. kills 15-year-old boy, passenger suffers minor injuries

ATV crash in B.C. kills 15-year-old boy, passenger suffers minor injuries
A 15-year-old has died when the all-terrain vehicle he was driving overturned near Barriere. Mounties say the crash north of Kamloops happened Sunday near the two-kilometre mark of the Darlington Creek Forest Service Road.

ATV crash in B.C. kills 15-year-old boy, passenger suffers minor injuries