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View the Archive..April 15, 2025CONSUMER PRICE INDEX, MARCH 2025 
Year-over-year (March 2025 vs March 2024)
All items: Consumer price changes in Nova Scotia accelerated to 2.3%. The national average inflation was 2.3%. In Halifax consumer prices increased 2.5%.
All items excluding food and energy: Nova Scotia consumer prices outside of food and energy increased 2.6%. This was above the national...
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April 15, 2025ANALYSIS OF CONSUMER PRICE INDEX FOR MARCH 2025 Please note that a temporary GST/HST break was in effect from December 14, 2024 to February 15, 2025, which affected consumer prices reflected in provincial and national statistics, including month-over-month changes for March. Major CPI components impacted by the tax break were food, recreation, and clothing and footwear, with approximately 10% of the all-item CPI bas...
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April 14, 2025HOUSEHOLD INCOME AND CONSUMPTION, Q4 AND ANNUAL 2024 Household Income and Outlay
In addition to compensation of employees, household income also includes net mixed income (generated from unincorporated businesses), property income received (generated as the result of ownership of assets) and current transfers received (generally from government).
Nova Scotians received $16.01 billion in household income in Q4 2024, including $8.75 billion in employee compensation,...
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April 14, 2025HOUSEHOLD WEALTH, Q4 2024 Household Assets, Liabilities and Net Worth
Canada’s average assets were $1,206,939 in Q4 2024. Nova Scotia’s assets were well below the national average at $807,710. Nova Scotia's household liabilities were $115,289 per household. As a result, Nova Scotia's net worth came to $692,422 per household, the second highest among the Atlantic provinces. British Columbia and Ontario had the highest per household wealth among all provinces while New Brunswick had the lo ...
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April 14, 2025MULTIFACTOR PRODUCTIVITY, 2023 Statistics Canada has released provincial results for multifactor productivity and related variables for the business sector for 2023.
Growth in real value added (herein: real GDP) can be decomposed into growth in hours worked and growth in labour productivity. In most years, the interaction between changes in both labour productivity and hours worked is negligible, but with larger movements in productivity and hours worked, this interaction can be a more noticeable contribution...
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