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October 25, 2023FOOD SERVICES AND DRINKING PLACES, AUGUST 2023 Monthly (August 2023 vs July 2023, seasonally adjusted)
Nova Scotia food services and drinking places receipts decreased 4.4% to $177.7 million. This was the largest month over month decrease among the provinces, more than reversing the large monthly gain reported in July. Canada's food services and drinking places receipts decreased by 1.0% to $7.7 billion. All provinces reported monthly decreases in receipts for food services and drinking places, with the exception of Québec.
Year-over-year (August 2023 vs August 2022)
Nova Scotia food services and drinking places receipts increased 6.5% from August 2022 to August 2023, the smallest year-over-year increase among provinces. Canada's food services and drinking places receipts increased 8.9% with year-over-year gains in all provinces led by Alberta.
Year-to-date (January - August 2023 vs January – August 2022)
Nova Scotia food services and drinking places receipts were up 14.0% year-to-date. Canada's food services and drinking places receipts increased 15.8%. Prince Edward Island reported the largest gain. Saskatchewan and British Columbia reported the smallest rises, though each was up 13.0%.
Nova Scotia's year-to-date 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 faster for special food services (mobile and catering).
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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