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July 26, 2023FOOD SERVICES AND DRINKING PLACES, MAY 2023 Monthly (May 2023 vs April 2023, seasonally adjusted)
Nova Scotia food services and drinking places receipts decreased 1.2% to $180.4 million. Canada's food services and drinking places receipts declined by 0.3% to $7.7 billion. Eight provinces reported monthly decreases in receipts for food services and drinking places, with Newfoundland and Labrador and Manitoba reporting the largest declines. British Columbia posted the largest gain.
Year-over-year (May 2023 vs May 2022)
Nova Scotia food services and drinking places receipts increased 9.5% year-over-year. Canada's food services and drinking places receipts increased 10.6%. All provinces reported year-over-year gains in food services and drinking place receipts, with Prince Edward Island reporting the fastest growth while Quebec and Manitoba reported the smallest increases.
Year-to-date (January - May 2023 vs January - May2022)
Nova Scotia food services and drinking places receipts were up 18.0% year-to-date. Canada's food services and drinking places receipts increased 20.0%. All provinces reported year-to-date increases in food services and drinking place receipts, with Prince Edward Island reporting the largest gain. Saskatchewan and British Columbia reportied the smallest rise.
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 and full-service resaurants.
Trends
Food services and drinking places have reported repeated downturns during imposition of 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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