Consumer Price Index Monthly
Consumer Price Index, February 2020
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
|Year Over year Change (%)||2.2||1.7||2.2||2.5||2.2||2.3||2.0||2.3||1.9||2.5||2.4|
|Monthly Change (%)||0.4||0.2||-0.1||0.4||0.2||0.5||0.5||0.6||0.4||0.6||0.6|
Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 2.2 per cent in February 2020. The change for Canada was also 2.2 per cent. Year-over-year price increases for P.E.I. were led by gasoline (11.2%), followed by purchase and leasing of passenger vehicles (2.0%), rent (3.3%), inter-city transportation (10.3%), and property taxes and other special charges (4.9%). These increases were partially offset by year-over-year declines for fuel oil and other fuels (-9.2%), telephone services (-7.2%), other food preparations* , footwear (-2.9%), and children's clothing (-3.7%).
The monthly change for P.E.I. in February 2020 was -0.1 per cent. Lower prices for fuel oil and other fuels ( -14.6%), gasoline (-2.3%), recreational equipment and services (excluding recreational vehicles) (-4.8%), other food preparations*, and fresh fruit (-7.9%) were offset by higher prices for women's clothing (9.2%), travel tours*, purchase and leasing of passenger vehicles (0.7%), rent (1.5%), and dairy products (3.5%).
*data not published at the provincial level.
Related downloads for this release:
Monthly Consumer Price Index Report PDF (87KB)
The CPI for March 2020 will be released on April 22, 2020.
Source: Statistics Canada.
Table 18-10-0004-01, Consumer Price Index, monthly, not seasonally adjusted