Government

Consumer Price Index Monthly

Published date: July 20, 2026

Consumer Price Index, June 2026

This monthly release of the The Consumer Price Index (CPI) for Canada, the provinces, Whitehorse and Yellowknife, provides a descriptive summary of retail price movements, inflation rates and the factors underlying them.

PEI and Canada Consumer Price Index

Graph showing All-Items CPI for Canada and Prince Edward Island, May 2025 to June 2026

All-Items Consumer Price Index by Province

  Jun-26 May-26 Jun-25 Year Over year Change (%) Monthly Change (%)
CA 169.0 169.6 164.4 2.8% -0.4%
NL 170.6 170.7 164.4 3.8% -0.1%
PE 174.0 173.9 167.7 3.8% 0.1%
NS 175.5 175.5 167.7 4.7% 0.0%
NB 170.3 171.0 164.0 3.8% -0.4%
QC 166.2 166.7 161.0 3.2% -0.3%
ON 169.3 170.2 166.0 2.0% -0.5%
MB 170.9 171.8 164.3 4.0% -0.5%
SK 172.2 172.7 165.5 4.0% -0.3%
AB 178.2 178.3 172.3 3.4% -0.1%
BC 163.3 163.6 158.8 2.8% -0.2%

Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index (CPI) for P.E.I. was 3.8 percent in June 2026, no change from last month. This was the fourth highest year-over-year increase among provinces, along with Newfoundland and Labrador and New Brunswick also at 3.8 percent. Year-over-year prices rose at a slower pace in June than in May in 9 provinces. The change to the All-items index for P.E.I. as compared to May 2026 was 0.1 percent. This compares to 2.8 percent year-over-year and -0.4 percent monthly changes for Canada.

Leading contributors to year-over-year price increases for P.E.I. were gasoline (23.4%), followed by fuel oil and other fuels (39.5%), food purchased from restaurants (4.1%), traveler accommodation (-6.9%), and inter-city transportation (8.4%). These increases were partially offset by year-over-year declines for household appliances (-9.3%), mortgage interest cost1, financial services (-4.0%), sugar and confectionery (-8.7%), and pet food and supplies1.

The monthly change in the All-Items CPI for PEI in June 2026 was 0.1 percent. Higher prices for traveler accommodation (32.7%), rent (2.2%), inter-city transportation (5.5%), furniture (4.1%), and other food preparations1 were partially offset by declines for gasoline (-8.1%), fuel oil and other fuels (-11.5%), household appliances (-3.3%), purchase and leasing of passenger vehicles (-0.3%), and purchase and operation of recreational vehicles (-1.2%).

Prices increased year-over-year in 7 of the 8 major CPI components, led by an 8.6 percent increase in transportation costs and a 4.0 percent increase in recreation, education, and reading costs. Energy2 costs increased 22.1 percent year-over-year, following a 32.0 percent increase in May.

The cost for food (from both stores and restaurants) increased by 2.5 percent as compared to June 2025. Food purchased from restaurants was up 4.1 percent year-over-year in June, down from a 4.7 percent increase in May. Food purchased from stores increased 1.4 percent, up from a 0.7 percent increase in May. Prices for meat products (1.8%) and fish, seafood and other marine products (4.4%) rose at a slower pace in June than in May, while price growth increased for dairy products and eggs (2.2%), bakery and cereal products excluding baby food (1.8%), fruit, fruit preparations and nuts (1.7%), and vegetables and vegetable preparations (3.2%). Prices for other food products and non-alcoholic beverages (-0.2%) declined on a year-over-year basis in June.

June 2026 Prince Edward Island CPI, Eight Major Components and Energy

  Prince Edward Island CPI Major Components and Energy
  Food Household operations, furnishings & equipment Shelter Clothing & Footwear Transportation Health & Personal Care Recreation, Education, & Reading Alcohol, Tobacco, & Cannibis Energy
Jun-26 214.9 141.3 184.3 104.0 187.7 162.9 135.9 236.6 273.0
May-26 213.4 141.3 184.9 103.9 191.3 162.0 130.8 236.8 295.0
Jun-25 209.6 140.6 178.3 100.6 172.8 159.5 130.7 237.1 223.5
Year Over year Change (%) 2.5% 0.5% 3.4% 3.4% 8.6% 2.1% 4.0% -0.2% 22.1%
Monthly Change (%) 0.7% 0.0% -0.3% 0.1% -1.9% 0.6% 3.9% -0.1% -7.5%

Excluding energy, PEI’s CPI increased 1.9 percent year-over-year, the second lowest among provinces, with Ontario at 1.2 percent. The year-over-year increase in the All-items excluding energy index for Canada was 2.1 percent.

June 2026 CPI All-Items and All-Items Excluding Energy, Year-Over-Year Change, Canada and Provinces

Graph showing All-Items CPI and All-Items CPI excluding Energy for Canada and Provinces.

NATIONAL

Nationally, the All-Items CPI rose 2.8 percent on a year-over-year basis in June, down from a 3.2 percent increase in May. Slower growth in the headline CPI was due mainly to gasoline prices increasing at a slower rate. Excluding gasoline, the national CPI was unchanged year-over-year in June, as compared to May.

Consumers paid 10.2 percent less at the pump in June as compared to May. Diplomatic talks and an interim ceasefire arrangement contributed to an easing of global oil prices in June, leading to a 10.2 percent monthly decline. This was the largest monthly decline in gasoline prices since April 2025, when prices fell due to the removal of the consumer carbon levy.

Year-over-year prices rose at a slower pace in June as compared to May in five of the eight major components.

On a monthly basis nationally, the All-Items CPI decreased 0.4 percent following a 1.0 percent increase in May.
 

For more information on the June 2026 CPI, as well as links to data tables, please refer to Statistics Canada’s release for the Consumer Price Index, June 2026.

Related downloads for this release:

Monthly Consumer Price Index Report PDF (87KB)

1 Data not published at the provincial level.

2 The special aggregate "energy" includes: "electricity", "natural gas", "fuel oil and other fuels", "gasoline", and "fuel, parts and accessories for recreational vehicles".

Visit the Consumer Price Index Portal to find all CPI data, publications, interactive tools, and announcements highlighting new products and upcoming changes to the CPI in one convenient location. 

 

The CPI for July 2026 will be released on August 17, 2026.

Source: Statistics Canada.

Table 18-10-0004-01, Consumer Price Index, monthly, not seasonally adjusted

General Inquiries

Department of Finance and Affordability

2nd Floor South, Shaw Building
95 Rochford Street
P.O. Box 2000
Charlottetown, PE, C1A 7N8

Phone: (902) 368-4040
Fax: (902) 368-6575