Close X
Sunday, September 22, 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

Interest rate cut possible this week: Economists

Interest rate cut possible this week: Economists
Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing. Expectations that the bank will lower its overnight lending rate when it makes its scheduled announcement Wednesday have been high since last week's release of the latest Statistics Canada inflation report, which showed annual inflation cooled to 2.7 per cent in June.

Interest rate cut possible this week: Economists

Surrey female assaulted in her sleep

Surrey female assaulted in her sleep
Surrey RCMP say they are looking for a male suspect after he allegedly got into the residence of a woman and groped the victim in her sleep. Police say officers responded to the call on Saturday morning in the 141-hundred block of 91 Avenue.

Surrey female assaulted in her sleep

Motorcyclist killed in crash with fire truck in Vancouver

Motorcyclist killed in crash with fire truck in Vancouver
A motorcyclist has died after a collision involving a Vancouver fire truck responding to a call. Vancouver Fire Rescue Services say in a statement that the crash happened this afternoon near Lost Lagoon on the Stanley Park Causeway.

Motorcyclist killed in crash with fire truck in Vancouver

Interior residents get ready to flee as B.C. fire tally soars past 300

Interior residents get ready to flee as B.C. fire tally soars past 300
It's the first time The Inn at Spences Bridge has been empty since April. Dorothy Boragno, who owns the inn with her husband Michael Findlay, said Friday they watched thick smoke across the Thompson River from the out-of-control Shetland Creek wildfire that has already forced others to evacuate.

Interior residents get ready to flee as B.C. fire tally soars past 300

B.C. hospitals pivot to paper amid CrowdStrike global technology outage

B.C. hospitals pivot to paper amid CrowdStrike global technology outage
About 50,000 devices in British Columbia hospitals and health facilities were impacted by the CrowdStrike global technology outage, forcing staff to pivot to using paper to manage everything from lab work to meal orders, the province's health minister said.  Adrian Dix said experts began immediately working on the problem, which has impacted computers running Microsoft Windows, and that the systems are beginning to come back online.

B.C. hospitals pivot to paper amid CrowdStrike global technology outage

Body of missing B.C. teenager found in Surrey, RCMP say death is suspicious

Body of missing B.C. teenager found in Surrey, RCMP say death is suspicious
Homicide investigators are looking into the death of a Langley teenager whose body was found in the Port Kells area of Surrey. Surrey RCMP say the body of 17-year-old Wenyan Michael Zhao was found in the 17900-block of 99A Avenue at 5:30 a.m. Friday.

Body of missing B.C. teenager found in Surrey, RCMP say death is suspicious