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May 30, 2024FOOD SERVICES AND DRINKING PLACES, MARCH 2024 Monthly (March 2024 vs February 2024, seasonally adjusted)
Nova Scotia food services and drinking places receipts increased 2.7% to $194.2 million - the largest percentage gain among provinces. Canada's food services and drinking places receipts edged down by 0.02% from February to March, falling to $8.05 billion. Across Canada, 6 province reported declining receipts for food services and drinking places. The largest declines were reported in Manitoba and Alberta.
Year-over-year (March 2024 vs March 2023)
Nova Scotia food services and drinking places receipts increased 8.9% year-over-year in March, the largest year-over-year gain among provinces (just ahead of Ontario). Canada's food services and drinking places receipts increased 6.3% with year-over-year gains in all provinces. Prince Edward Island and Saskatchewan reported the slowest percentage gains in year-over-year food service receipts.
Year-to-date (January-March 2024 vs January-March 2023)
Nova Scotia's year-to-date food services and drinking places receipts increased 5.5% in the first quarter of 2024 compared to the same period in 2023. Nationally food services and drinking places receipts increased 4.3%. All provinces reported a year-to-date increase in receipts. Ontario reported the fastest percentage gain in year-to-date food service receipts while Prince Edward Island reported 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). Nova Scotia food service receipts were down year-to-date for drinking places.
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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