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July 24, 2024FOOD SERVICES AND DRINKING PLACES, MAY 2024 Monthly (May 2024 vs April 2024, seasonally adjusted)
Nova Scotia food services and drinking places receipts increased 1.3% to $192.0 million. Canada's food services and drinking places receipts increased by 0.6% from April to May, to $8.07 billion. Across Canada, All provinces reported increasing receipts for food services and drinking places.
Year-over-year (May 2024 vs May 2023)
Nova Scotia food services and drinking places receipts increased 7.1% year-over-year in May. Canada's food services and drinking places receipts increased 5.4% with year-over-year gains in all provinces. The largest year-over-year gain among provinces was in New Brunswick. Prince Edward Island reported the slowest percentage gain in year-over-year food service receipts.
Year-to-date (January-May 2024 vs January-May 2023)
Nova Scotia's year-to-date food services and drinking places receipts increased 5.1%. Nationally food services and drinking places receipts increased 4.2%. All provinces reported a year-to-date increase in receipts. New Brunswick reported the fastest percentage gain in year-to-date food service receipts while Prince Edward Island the slowest increase.
Nova Scotia's year-to-date gains in food service receipts are attributable to the increases in limited service eating places, though there were smaller rises at full-service restaurants and specialty food service providers (such as mobile and catering). In percentage terms, Nova Scotia drinking places reported lower year-to-date receipts compared to the same period last year.
Trends
Nova Scotia's food service receipts exhibit more volatility than national food service receipts, but in recent months Nova Scotia's receipts have grown faster than the national trend.
Source: Statistics Canada. Table 21-10-0019-01 Monthly survey of food services and drinking places (x 1,000)
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