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Consumer Price Index
The Consumer Price Index (CPI) is an indicator of changes in consumer prices experienced by Canadians. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers. Since the basket contains goods and services of unchanging or equivalent quantity and quality, the index reflects only pure price change.

The CPI is widely used as an indicator of the change in the general level of consumer prices or the rate of inflation. Since the purchasing power of money is affected by changes in prices, the CPI is useful to virtually all Canadians. Consumers can compare movements in the CPI to changes in their personal income to monitor and evaluate changes in their financial situation.
For the latest information and historical data, please contact the individual listed below:

Thomas Storring
Director of Economics/Statistics
Tel:902-424-2410
Email: Thomas.Storring@novascotia.ca


To view previous releases, select one from the dropdown box:

Currently displaying information released on: April, 2025

AVERAGE RETAIL PRICES, FEBRUARY 2025

Year-over-year (February 2025 vs February 2024)

Over the last year (February 2025 vs February 2024), the consumer price index for all items in Nova Scotia excluding food increased by 2.5%. Food prices as a whole rose 0.5%.  At the same time average weekly earnings across all Nova Scotia industries increased by 6.1%.

In the last year, the following products reported lower prices in Nova Scotia:                                                                                                                 

  • Beef rib cuts
  • Pork rib cuts
  • Pork shoulder cuts
  • Chicken drumsticks
  • Shrimp
  • Canned tuna
  • Butter
  • Margarine
  • Oranges, 1.36 kilograms
  • Bananas
  • Lemons
  • Limes
  • Grapes
  • Strawberries
  • Sweet potatoes
  • Tomatoes
  • Carrots
  • Onions, per kilogram
  • Onions, 1.36 kilograms
  • Celery
  • Broccoli
  • Squash
  • Frozen french fried potatoes
  • Frozen broccoli
  • Frozen peas
  • Frozen pizza
  • Frozen spinach
  • Flatbread and pita
  • Brown rice
  • Tea (20 bags)
  • Vegetable oil
  • Canola oil
  • Olive oil
  • Baby food
  • Peanut butter
  • Canned tomatoes
  • Canned soup
  • Canned beans and lentils
  • Canned peach
  • Dried lentils
  • Hummus
  • Pasta sauce
  • Salad dressing
  • Almonds
  • Laundry detergent

The following products reported price growth that exceeded the gains in average weekly earnings:

  • Beef stewing cuts
  • Beef top sirloin cuts
  • Ground beef
  • Pork loin cuts
  • Whole chicken
  • Chicken breasts
  • Chicken thigh
  • Bacon
  • Wieners
  • Cream
  • Eggs
  • Oranges
  • Pears
  • Potatoes, 4.54 kilograms
  • Potatoes, per kilogram
  • Mushrooms
  • Iceberg lettuce
  • Romaine lettuce
  • Peppers
  • Crackers and crisp breads
  • Wheat flour
  • White sugar
  • Apple juice
  • Orange juice
  • Roasted or ground coffee
  • Infant formula
  • Canned baked beans
  • Tofu
  • Peanuts
  • Deodorant
  • Toothpaste

Nova Scotia prices relative to national average (February 2025)

Nova Scotia food prices were below national averages for the following products:                                                                                                               

  • Beef stewing cuts
  • Beef striploin cuts
  • Beef rib cuts
  • Ground beef
  • Pork loin cuts
  • Chicken thigh
  • Chicken drumsticks
  • Salmon
  • Shrimp
  • Canned salmon
  • Milk, 2 litres
  • Avocado
  • Carrots
  • Squash
  • Frozen french fried potatoes
  • Frozen pizza
  • Baby food
  • Infant formula
  • Canned tomatoes
  • Pasta sauce
  • Shampoo

Nova Scotia food prices were more than 10% higher than the national averages for the following products:

  • Beef top sirloin cuts
  • Pork shoulder cuts
  • Whole chicken
  • Cream
  • Oranges, per kilogram
  • Bananas
  • Limes
  • Grapes
  • Strawberries
  • Potatoes, per kilogram
  • Tomatoes
  • Onions, per kilogram
  • Cucumber
  • Mushrooms
  • Iceberg lettuce
  • Broccoli
  • Peppers
  • Flatbread and pita
  • Crackers and crisp breads
  • Cookies and sweet biscuits
  • Vegetable oil
  • Canola oil
  • Canned baked beans
  • Canned soup

Notes: Statistics Canada makes available scanner data on prices collected for a range of food and personal care items. These prices are collected through point-of-sale (transaction) data obtained directly from Canadian retailers. The data represent commonly purchased items (which do change over time), but are not representative of the Consumer Price Index weights. Over time, products are rotated and quantity or quality may change. Comparisons of prices from one time period to another reflect quantity and quality changes as well as price changes.

For the purposes of this analysis, the 110 items reported by Statistics Canada will be grouped into:

  • Meat, fish, poultry and meat substitutes
  • Dairy, eggs and substitute products
  • Fruit (including canned and frozen products)
  • Vegetables (including canned and frozen products)
  • Grains, cereals, beans, legumes and nuts
  • Sugar, juices, cooking oils, condiments and prepared foods
  • Health and cleaning products

Source: Statistics Canada. Table 18-10-0245-01  Monthly average retail prices for selected productsTable 18-10-0004-01  Consumer Price Index, monthly, not seasonally adjustedTable 14-10-0063-01  Employee wages by industry, monthly, unadjusted for seasonality