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

Early morning shooting in Newton

Early morning shooting in Newton
Police in Surrey say one man has been taken to hospital with serious injuries after an early morning shooting in the Newton area. R-C-M-P say officers got the call at around 5:30 a-m about a man suffering from a gunshot wound in a parking lot on 122nd Street near 72nd Avenue.

Early morning shooting in Newton

Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade

Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade
Energy Minister Josie Osborne says the BC Hydro projects will create thousands of jobs over the next decade and ensure the region has enough clean, affordable and reliable electricity to power homes, businesses and the economy.

Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade

Foreign streaming services challenge requirement to pay into fund for Canadian news

Foreign streaming services challenge requirement to pay into fund for Canadian news
The Canadian Radio-television and Telecommunications Commission said in June that foreign streamers must contribute five per cent of their annual Canadian revenues into a fund devoted to producing Canadian content, including local TV and radio news, as well as Indigenous and French-language content.

Foreign streaming services challenge requirement to pay into fund for Canadian news

Canadian unemployment rate rose to 6.4% in June as jobs market stalls

Canadian unemployment rate rose to 6.4% in June as jobs market stalls
Statistics Canada said Friday the unemployment rate came in at 6.4 per cent for the month, up from 6.2 per cent in May, as the size of the labour force grew. The June result was the highest reading for the unemployment rate since January 2022 when it was 6.5 per cent.

Canadian unemployment rate rose to 6.4% in June as jobs market stalls

Canada's global reputation suffering under Trudeau, Garneau asserts in autobiography

Canada's global reputation suffering under Trudeau, Garneau asserts in autobiography
Former foreign affairs minister Marc Garneau says Canada has lost its standing in the world under the tenure of Prime Minister Justin Trudeau, whom he criticizes as an ill-prepared leader who prioritizes politics and makes big pronouncements without any follow-through.

Canada's global reputation suffering under Trudeau, Garneau asserts in autobiography

Warnings expand as heat wave settles over B.C., with weekend temperatures set to rise

Warnings expand as heat wave settles over B.C., with weekend temperatures set to rise
The agency has expanded a series of heat warnings to include the Sunshine Coast and Howe Sound, where daytime highs are forecast to reach 32 C. The hottest temperatures are expected to start hitting the province Sunday.

Warnings expand as heat wave settles over B.C., with weekend temperatures set to rise