{"id":4341,"date":"2024-12-03T16:19:53","date_gmt":"2024-12-03T21:19:53","guid":{"rendered":"https:\/\/www.restaurantscanada.org\/?post_type=research&#038;p=4341"},"modified":"2024-12-06T19:51:57","modified_gmt":"2024-12-07T00:51:57","slug":"restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024","status":"publish","type":"research","link":"https:\/\/www.restaurantscanada.org\/fr\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/","title":{"rendered":"Restaurant sales stumble in September with weakest nominal growth of 2024"},"content":{"rendered":"\n<p>According to the latest data from Statistics Canada, foodservice sales in Canada rose by tepid 1.4% in September compared to September 2023. This marks the weakest monthly sales growth recorded in 2024. Moreover, once adjusted for menu inflation, real foodservice sales declined by 2.1% in September 2024. Year-to-date, nominal growth stands at 3.9%, while real growth is slightly negative at -0.3%.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"791\" src=\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-1024x791.jpg\" alt=\"\" class=\"wp-image-4342\" style=\"width:750px\" srcset=\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-1024x791.jpg 1024w, https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-300x232.jpg 300w, https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-768x593.jpg 768w, https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-1536x1187.jpg 1536w, https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-2048x1582.jpg 2048w, https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/Chart-1-13-600x463.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Bars continue to face significant challenges, with real sales dropping by 9.9% compared to September 2023. Real spending at full-service restaurants fell by 4.1% in September compared to a slight decrease of 0.3% at quick-service restaurants.<\/p>\n\n\n\n<p>At the provincial level, Newfoundland and Labrador experienced another setback. After showing signs of a modest recovery in August, real sales declined by 4.3% in September due to an 11% drop in sales at full-service restaurants. As a result, year-to-date sales are down by 1.7% &#8211; the second-weakest performance of any province, after Prince Edward Island (-3.9%).<\/p>\n\n\n\n<p>With the restaurant industry continuing to struggle after a weak summer, the GST tax holiday, set to begin on December 15<sup>th<\/sup>, will offer some relief. The GST tax cut, along a provincial tax holiday in some provinces, is projected to increase total foodservice sales in Canada by an additional $1.5 billion. Paired with gradually decreasing interest rates, these developments provide much-needed hope to an industry in dire need of support.<\/p>\n\n\n\n<p>For more information check out the latest Fast Facts\u00a0<strong><a href=\"https:\/\/www.restaurantscanada.org\/research\/fast-facts-september-2024\/\">here<\/a><\/strong>.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\" style=\"grid-template-columns:30% auto\"><figure class=\"wp-block-media-text__media\"><img decoding=\"async\" src=\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/02\/rc-headshots-79-of-256-scaled.jpg\" alt=\"Chris Elliott\" class=\"wp-image-21058 size-full\"\/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-small-font-size\">As the&nbsp;<strong>Chief Economist and Vice President of Research for Restaurants Canada, Chris Elliott<\/strong>&nbsp;manages and produces a comprehensive research program that has made Restaurants Canada a leading source of information for and about Canada\u2019s $114-billion foodservice industry. Chris tracks and analyzes key industry and economic indicators and translates them into member reports and publications. He also provides research to support Restaurants Canada\u2019s lobbying efforts on issues that affect foodservice operators \u2013 from payroll taxes to food costs.<\/p>\n\n\n\n<p class=\"has-small-font-size\">Chris has worked with Restaurants Canada for&nbsp;over 20 years, has a Bachelor of Arts and Master Degree in Economics and specializes in economic modelling and forecasting.<\/p>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest data from Statistics Canada, foodservice sales in Canada rose by tepid 1.4% in September&#8230;<\/p>\n","protected":false},"author":5,"featured_media":4344,"template":"","meta":{"_acf_changed":false},"research-type":[177],"advocacy-issue":[],"class_list":["post-4341","research","type-research","status-publish","has-post-thumbnail","hentry","research-type-economists-notebook"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Restaurant sales stumble in September with weakest nominal growth of 2024 - Restaurants Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Restaurant sales stumble in September with weakest nominal growth of 2024 - Restaurants Canada\" \/>\n<meta property=\"og:description\" content=\"According to the latest data from Statistics Canada, foodservice sales in Canada rose by tepid 1.4% in September...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Restaurants Canada\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RestaurantsCanada\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-07T00:51:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/iStock-1483162598.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2309\" \/>\n\t<meta property=\"og:image:height\" content=\"1299\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@RestaurantsCA\" \/>\n<meta name=\"twitter:label1\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/\",\"url\":\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/\",\"name\":\"Restaurant sales stumble in September with weakest nominal growth of 2024 - Restaurants Canada\",\"isPartOf\":{\"@id\":\"https:\/\/www.restaurantscanada.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/iStock-1483162598.jpg\",\"datePublished\":\"2024-12-03T21:19:53+00:00\",\"dateModified\":\"2024-12-07T00:51:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/www.restaurantscanada.org\/research\/restaurant-sales-stumble-in-september-with-weakest-nominal-growth-of-2024\/#primaryimage\",\"url\":\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/iStock-1483162598.jpg\",\"contentUrl\":\"https:\/\/www.restaurantscanada.org\/wp-content\/uploads\/2024\/12\/iStock-1483162598.jpg\",\"width\":2309,\"height\":1299,\"caption\":\"African American man and Asian woman sitting at the table near window, drinking wine and waiting order. 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