Close X
Monday, November 18, 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

Private forecasters see economic growth in B.C. slowing to 0.5 per cent next year

Private forecasters see economic growth in B.C. slowing to 0.5 per cent next year
Private-sector forecasters in British Columbia say they agree with the government's recent projection that economic growth will slow next year. The Economic Forecast Council, an independent 13-member group, met Finance Minister Katrine Conroy on Monday and told her they foresee 0.5-per-cent growth in 2024, slightly below Conroy's recent forecast of 0.7 per cent.

Private forecasters see economic growth in B.C. slowing to 0.5 per cent next year

B.C. Premier Eby celebrates 'first-of-its-kind' seamless addictions care

B.C. Premier Eby celebrates 'first-of-its-kind' seamless addictions care
Eby says the model addresses people who repeatedly overdose in a way that respects their ability to make their own decisions and avoids the risk that they won't call for help if they think they might be held against their will.

B.C. Premier Eby celebrates 'first-of-its-kind' seamless addictions care

Calls intensify for Canada to bring extended family of Canadians safely out of Gaza

Calls intensify for Canada to bring extended family of Canadians safely out of Gaza
Canada has negotiated with Israel and Egypt to get approximately 600 people through the Rafah border crossing between Gaza and Egypt, as of the last update from Global Affairs. The only people who qualify are Canadians, Canadian permanent residents and people who meet the government's strict definition of an eligible family member, though there have been exceptions.

Calls intensify for Canada to bring extended family of Canadians safely out of Gaza

Targeted shooting early Monday morning in White Rock

Targeted shooting early Monday morning in White Rock
Mounties in White Rock confirm shots were fired in the city earlier today. No injuries were reported, but police say they suspect the shooting was targeted. Police are investigating a motive.

Targeted shooting early Monday morning in White Rock

Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO

Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO
Industry Minister François-Philippe Champagne announced this fall that Canada's major grocers — Loblaw, Metro, Empire, Walmart and Costco — had shared plans to tackle rising prices that included discounts, price freezes and price-matching campaigns. However, questions swirled about what exactly the grocers promised, given the details of the plans were not being shared publicly.

Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO

Vancouver unveils Canada's first electric fire truck in its pledge to cut emissions

Vancouver unveils Canada's first electric fire truck in its pledge to cut emissions
Vancouver’s fire department is showing off what the city says is Canada’s first electric fire engine.  The Austrian-built pumper truck is part of the city’s commitment to reduce fleet emissions by moving to electric vehicles when they need to be replaced. Vancouver Mayor Ken Sim says the fire engine represents an important milestone and the city is proud to be the first in Canada to lead the way with its firefighting fleet. 

Vancouver unveils Canada's first electric fire truck in its pledge to cut emissions