Interesting Grocery and Economic statistics for Canada for the 4th quarter of 2013 (Part 1 of 2)

Here is the first of two installments of interesting Canadian Grocery statistics for the 4

th

Quarter of 2013 (unless otherwise indicated).  They take into account total trends and results for 2013.  The data has been collected by compiling information from the following sources. (Statistics Canada/Nielsen Data/Retail Council of Canada)

What Canadians have done to save in the past year

54%

Spend less on clothes

51%

Save on gas & utilities

50%

Reduce take-out

49%

Reduce entertainment

48%

Switch to cheaper grocery brands

What Canadians will continue to do to save moving forward

40% Save on gas & utilities

36% Reduce take-out

31% Spend less on clothes

27% Reduce entertainment

27% Switch to cheaper grocery brands

Canadians are saving more than spending

Canadian Statistics

Inflation (CPI)

(Dec ‘13)

1.2%

Unemployment Rate

(Dec ‘13) 7.2%

GDP at market prices

(Q3 ‘13) 1.9%

Exports

(Nov ‘13) 4.1%

Imports

(Aug ‘13) 1.5%

Exchange Rate C$ Per US$

(Mar ‘14)

1.101

Prime Interest Rate

(Dec ‘13) 3%

Total Retail Sales

(Nov ‘13)

3.1%

Canadian consumer confidence increased  3 points to 100. (highest level since Q1 2013)

Canada’s global confidence rank moves up to #13, while the US falls down to #21.

U.S. consumer confidence decreases 4 points to 94. (the lowest in 2013)

CPG posts soft growth in Q4 2013.

Canada is slightly outpacing the U.S. on unit growth in the latest 52 weeks.

Coupon usage slows down the growth momentum gained in 2012.

PL share in the U.S. continues to gain momentum while leveling in Canada.

Consumers continue to show spending restraint with minimal dollar growth.

Debt remains the top concern of consumers.

2013 is lagging previous year’s performance.

Units remain at 0% growth in Q4 with dollars relatively static at 2%.

Sales with a price cut continue to fuel growth on both dollars and units.

The Prairies  lead regional growth.

Shoppers continue to make fewer trips.

Warehouse Clubs see an increase in  trips and % units sold on coupon.

Store Brands continue to lag National Brands.

Farewell,

Mike