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Daily Stats
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April 22, 2014
NEW MOTOR VEHICLE SALES, JANUARY-FEBRUARY 2014

In January-February 2014, Nova Scotia motor vehicle unit sales increased 0.8% over Jan-Feb 2013. The 5,658 new vehicles sold from January to February represented a value of $173 million, up 2.3% compared with motor vehicle sales values from the same period in 2013.



In February 2014, year-to-date Canadian unit sales increased 0.7 per cent over Jan-Feb 2013 to 205,125 units. Year-to-date dollar sales were in positive territory, increasing 2.3 per cent over Jan-Feb 2013 to $7.2 billion.



In January-February 2013, Nova Scotia North America manufactured motor vehicle sales value decreased 4.4% over Jan-Feb 2013 to a 74.2% share. Motor vehicle sales value of vehicles manufactured in other countries increased 28.0% over Jan-Feb 2013 to a 25.8% share.



In January-February 2014, Nova Scotia North America manufactured motor vehicle unit sales decreased 5.8% over Jan-Feb 2013 to a 73.5% share. Motor vehicle unit sales of vehicles manufactured in other countries increased 24.7% over Jan-Feb 2013 to a 26.5% share.



In Nova Scotia the new motor vehicle year-to-date average unit price ($30,580) increased over the 2013 year-to-date average unit price ($30,129), and is now slightly above the $30,000 threshold. The province ranks 2nd lowest average unit price in the country.

In Canada the new motor vehicle year-to-date average unit price ($35,207) increased over the 2013 year-to-date average unit price ($34,663). The average YTD unit price tends to increase as one moves west. Alberta ranks number one with the highest average YTD unit price ($40,344).



It is interesting to note that the Nova Scotia new motor vehicle average unit price was in the $25k to $29k range for more than fifteen years.

In contrast it took 8 years to increase from $5 thousand to $10 thousand (1975-1983); 5 years to move from $10 thousand to $15 thousand (1983-1988); 7 years to move from $15 thousand to $20 thousand (1988-1995); and only 3 years to increase from $20 thousand to $25 thousand (1995-1998).



Statistics Canada, CANSIM table 079-0003


April 22, 2014
WHOLESALE TRADE, FEBRUARY 2014

In February 2014, Nova Scotia's wholesale sales (seasonally adjusted) decreased 0.5% from January 2014 to $692 million, and decreased 1.2% from February 2013. The wholesale merchants' sales index (Jan 2011=100) decreased 0.5 points to 107.8 in February 2014. February 2014 Canadian wholesale sales (seasonally adjusted) increased 1.1% from January 2014 to $50.7 billion, and increased 3.5% from February 2013. The wholesale merchants' sale index (Jan2011=100) increased 1.2 points to 109.0.
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April 17, 2014
CONSUMER PRICE INDEX MARCH 2014

NOVA SCOTIA In Nova Scotia March 2014, the consumer price index (2002=100) increased 0.4% from February 2014 to 128.9 and increased 1.7% over March 2013. The CPI, excluding food and energy, increased 0.3% from February 2014 to 118.5, and increased 1.6% over March 2013. CANADA In Canada March 2014, the consumer price index (2002=100) increased 0.6% from February 2014 to 124.8 and increased 1.5% over March 2013.
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April 17, 2014
ANALYSIS OF NOVA SCOTIA'S CONSUMER PRICE INDEX FOR MARCH 2014

At 1.7 per cent year over year, Nova Scotia's consumer price index was above the national average of 1.5 per cent from March 2013 to March 2014. Within Atlantic Canada, New Brunswick posted the lowest year over year CPI increase (+1.5%). Newfoundland and Labrador increased 2.0 per cent, and PEI increased 3.0 per cent, year over year. West of the Maritimes, the highest inflation year over year was in Alberta (+3.9 per cent).
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April 17, 2014
EMPLOYMENT INSURANCE FEBRUARY 2014

In February 2014, the seasonally adjusted number of Nova Scotians receiving regular EI benefits decreased by 380 persons (-1.4%) from January to 26,550, and decreased by 2,500 persons (-8.6%) over February 2013. In February 2014, the seasonally adjusted number of Canadians receiving regular EI benefits increased by 2,820 persons (0.6%) from January to 506,470 and declined by 25,880 persons (-4.9%) over February 2013.
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Recent PublicationsLabour Market Monthly
Consumer Price Index
Nova Scotia Economic Indicators - August 2013
Current Economic Environment
Indicators of Prosperity - 2012

Statistics at a Glance(Mouse over items for details)
Building Permits -26.6%
Consumer Price Index +1.3%
CPI (Annual) +2.0%
Debt: GDP 34.8%
Deficit/Surplus: GDP D: 0.5%
Employment Growth -0.8%
Employment Level 447.3
Exports (Domestic) +39.5%
GDP (millions, 2011) $37,015
GDP Growth (2011) +0.5%
Income (per capita) $33,934
Manufacturing Shipments +3.1%
Non-res. Investment -4.1%
Population July 1, 2013 940,789
Res. Investment 2.3%
Retail sales +0.2%
Unemployment Rate 9.3%
Wholesale Trade +0.0%

Orange ClockFor More Information

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