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March 04, 2024FOOD SERVICES AND DRINKING PLACES, DECEMBER AND ANNUAL 2023 Monthly (December 2023 vs November 2023, seasonally adjusted)
Nova Scotia food services and drinking places receipts decreased 1.1% to $183.4 million. Canada's food services and drinking places receipts increased by 1.1% to $8.0 billion. Eight of ten provinces reported monthly increases in receipts for food services and drinking places led by British Columbia. Quebec and Nova Scotia were the only provinces reporting negative growth.
Year-over-year (December 2023 vs December 2022)
Nova Scotia food services and drinking places receipts increased 5.2%. Canada's food services and drinking places receipts increased 9.0% with year-over-year gains in all provinces led by Alberta.
Annual (2023 vs 2022)
Nova Scotia food services and drinking places receipts were up 11.1% in 2023. Canada's food services and drinking places receipts increased 13.0%. Prince Edward Island reported the largest gain. Saskatchewan reported the smallest increase, at 10.6%.
Nova Scotia's annual gains in food service receipts are primarily attributable to the increases in limited service eating places as well as full-service restaurants. In percentage terms, however the gains were fastest for special food services (mobile and catering).
Nova Scotia food services and drinking places receipts gradually increased from 2010 to 2019 while declined in 2020. Food services and drinking places receipts rebounded in 2021 and continued strong growth in 2023. In 2023, food services and drinking places receipts slowed to an increase of 11.1% to $2.18 billion.
Trends
Food services and drinking places reported repeated downturns during COVID restrictions. As these restrictions eased, food service receipts rebounded. Since 2019, Nova Scotia's food services receipts have generally grown faster than the national pace.
Source: Statistics Canada. Table 21-10-0019-01 Monthly survey of food services and drinking places (x 1,000)
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