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October 07, 2020AVERAGE RETAIL PRICES, AUGUST 2020 Statistics Canada is publishing monthly provincial average retail prices based on transaction data from Canadian retailers.
Compared with the period immediately prior to the pandemic (February 2020), there have been notable increases in Nova Scotia average retail prices for beef, pork products and wieners as well as cheese, yogurt and eggs. Some dairy product prices have decreased as have chicken prices.
Fruit prices have generally been rising, with some exceptions (Bananas, Cantaloupe, Avocado and pears). Vegetable prices are mixed with most prices declinig but with sharp increases in carrots, onions and mushrooms.
Since February 2020, most retail food prices in Nova Scotia have remained within the range of prices observed since the start of 2019. The exceptions are: beef, pork, carrots, and oranges. But even these products are returning to pre-COVID19 levels.
This data is generated through transaction data. 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.
Statistics Canada. Table 18-10-0245-01 Monthly average retail prices for selected products, by province
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