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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

June 10, 2020
AVERAGE RETAIL PRICES, APRIL 2020

Statistics Canada is now publishing a new monthly table of provincial average retail prices based on transaction data from Canadian retailers. Transaction data provide a comprehensive electronic record of the purchases made through a retailer's point-of-sale system, and contain relevant pricing information, such as product descriptions and quantities sold. The use of transaction data for the calculation of the average prices in this table offers a significant quality advantage over traditional in-store collection, given the large number of product prices available and the geographic coverage available.

Month-over-month Average Price % Change

In Nova Scotial, April 2020,  the greatest  month-over-month,  average price increase  in Meat products was in Pork loin cuts at 25.3% over March 2020.  The greatest decline was in Beef top sirloin cuts at 11.2% over March 2020. In Dairy and egg produce, eggs increased 15.9% and yogurt declined 1.9%.

 

In Nova Scotial, April 2020,  the greatest  month-over-month,  average price increase  in Fruit products was in Avocados  at 10.6% over March 2020.  The greatest decline was in Apples at 6.6% over March 2020. In Vegetable produce, Carrots increased 28.1% and Tomatoes declined 16.1%.

 

Year-over year Average Price % Change

In Nova Scotial, April 2020,  the greatest  year-over-year,  average price increase  in Meat products was in Canned Tuna at 38.9% over March 2020.  The greatest decline was in Beef top sirloin cuts at 31.1% over March 2020. In Dairy and egg produce, the greatest increase was in eggs at 19.0% and the only decline was in yogurt, down  2.5%.

In Nova Scotial, April 2020,  the greatest  year-over-year,  average price increase  in Fruit products was in Pears  at 15.6% over April 2019.  The greatest decline was in Oranges at 12.3% over April 2019. In Vegetable produce, Tomatoes increased 24.8% and Celery declined 34.4%.

 

Average Price of Milk and Cream in the Provinces

In April the price of milk was less expensive if one purchased a higher volume. The price of one litre of cream diminished as one moved west. West of New Brunswick the price of one litre of cream was less than the price of two litres of milk and in British Columbia one litre of cream was only 77 cents higher than the price of one litre of milk. In Newfoundland and Labrador the differential was $1.81.

 

 

In five of the provinces, the year-over-year price of cream increased at double digits. Prince Edward Island at 13.6%, Quebec 17.6%, Alberta 11.6% and Manitoba 10.7%. In Nova Scotia cream increased 7.3% year-over-year.  The year-over-year increase in the price of one litre of milk ranged from 1.4% in Newfoundland and Labrador to 5.8% in Ontario.

 

 

Statistics Canada References

Table: 18-10-0245-01 Monthly average retail prices for selected products, by province

 

 

 

 




 

 

 



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