Close X
Sunday, November 17, 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

Environment Canada has issued snowfall warnings in two areas of BC

Environment Canada has issued snowfall warnings in two areas of BC
Environment Canada has issued snowfall warnings in two areas of B-C. The weather agency says up to 20 centimetres of snow is forecasted for inland sections of the Central Coast region including Bella Coola.  

Environment Canada has issued snowfall warnings in two areas of BC

Trans Mountain pipeline expansion delayed for 2 years

Trans Mountain pipeline expansion delayed for 2 years
Trans Mountain is warning the completion of its pipeline expansion project through B-C may be delayed by two years due to a federal regulator decision. The company says the Canada Energy Regulator rejected a request for a pipeline variance through a 2.3-kilometre stretch of complex, hard rock conditions.

Trans Mountain pipeline expansion delayed for 2 years

House of Commons rises after tumultuous fall sitting, begins six-week winter break

House of Commons rises after tumultuous fall sitting, begins six-week winter break
The House of Commons has wrapped up its work for 2023 after an intense fall sitting, with MPs returning to their ridings for a six-week holiday break. A gun-control bill that enshrines a handgun freeze and a bill that lifts GST charges off rental developments and amends the country's competition law both crossed the finish line in Parliament this week. 

House of Commons rises after tumultuous fall sitting, begins six-week winter break

$115 M funding deal could help build 40,000 homes in Vancouver over decade: Trudeau

$115 M funding deal could help build 40,000 homes in Vancouver over decade: Trudeau
The announcement came on Friday after the Canada Mortgage and Housing Corp. said housing starts in Canada fell 22 per cent in November, with starts down 39 per cent in Vancouver. Fraser said of the Vancouver deal that the cash from the government's Housing Accelerator Fund would cut barriers to building homes and "incentivize changes" at the municipal level

$115 M funding deal could help build 40,000 homes in Vancouver over decade: Trudeau

Assault charge for RCMP sergeant over alleged incident at Coquitlam detachment

Assault charge for RCMP sergeant over alleged incident at Coquitlam detachment
An RCMP officer has been charged with assault stemming from an incident in the Coquitlam, British Columbia, detachment a year ago. The BC Prosecution Service says in a release that Sgt. Antonio Guerrero Jr. is facing one count of assault after the charge was approved on Thursday.

Assault charge for RCMP sergeant over alleged incident at Coquitlam detachment

Online News Act funding capped for private broadcasters, CBC: regulations

Online News Act funding capped for private broadcasters, CBC: regulations
Final regulations for the Online News Act show the amount of funding private broadcasters will get through the government's $100-million deal with Google will be limited, with an even lower cap for the CBC. The regulations released on Friday say CBC/Radio-Canada will get no more than a $7-million share of the annual fund, while another $30 million at most will be reserved for other broadcasters.

Online News Act funding capped for private broadcasters, CBC: regulations