Close X
Saturday, September 21, 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

2 dead in Surrey fires

2 dead in Surrey fires
Police in Surrey say two fires in the city in the last few days have left two people dead in Whalley and Newton. Surrey RCMP say a fire at a home on 112A Avenue on July 20th claimed the life of an 85-year-old woman, but the blaze is not being treated as suspicious. 

2 dead in Surrey fires

B.C. wildfire tally surges as firefighters take to air to battle blazes

B.C. wildfire tally surges as firefighters take to air to battle blazes
The numbers seem ever increasing for British Columbia wildfire statistics, including more than 400 fires, tens of thousands of lightning strikes and at least six homes lost. The homes were in the Venables Valley, and Colton Davies with the Thompson-Nicola Regional District says they were among 20 buildings destroyed by the Shetland Creek wildfire. 

B.C. wildfire tally surges as firefighters take to air to battle blazes

Bank of Canada cuts key interest rate by quarter percentage point to 4.5%

Bank of Canada cuts key interest rate by quarter percentage point to 4.5%
The Bank of Canada cut its key interest rate for a second consecutive time on Wednesday, but warned the path back to two per cent inflation may be uneven and would ultimately determine the pace of future rate cuts. The central bank says its decision to lower its policy rate by a quarter percentage point was motivated by easing price pressures and weakening economic conditions.

Bank of Canada cuts key interest rate by quarter percentage point to 4.5%

Battle to keep historic town wet and safe

Battle to keep historic town wet and safe
The British Columbia gold rush town of Barkerville is drenched, both from overnight rains and sprinklers dousing its timber buildings, some more than 150 years old. It's part of an effort to save the historic park that is one of the Cariboo region's premier tourist attractions from the flames of the Antler Creek wildfire that is burning out of control about three kilometres away, said Stewart Cawood, Barkerville's public programming and media manager.

Battle to keep historic town wet and safe

One in custody in Vancouver stabbing

One in custody in Vancouver stabbing
One person is in custody after three stabbings in Vancouver, while the deaths of two women in the city are also being investigated. Vancouver Mayor Ken Sim is calling the events "deeply unsettling."

One in custody in Vancouver stabbing

Advocate warns of impending 'crisis' in B.C. child welfare staffing

Advocate warns of impending 'crisis' in B.C. child welfare staffing
British Columbia's child welfare system is either in a state of crisis or close to it with understaffing and unmanageable workloads, the province's representative for children said. A report released by Jennifer Charlesworth Tuesday said the environment for social workers at the Ministry of Children and Family Development is unhealthy for staff, characterized by undue stress, burnout and fear, and there's no time for the government to wait to address the "critical circumstances." 

Advocate warns of impending 'crisis' in B.C. child welfare staffing