Consumer Price Index Monthly
Consumer Price Index, April 2019
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 (%)||2.0||1.5||1.2||1.3||1.7||1.8||1.9||2.3||2.3||2.2||2.7|
|Monthly Change (%)||0.4||0.4||0.6||0.4||0.4||0.4||0.3||0.7||1.0||0.4||0.4|
Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 1.2 per cent in April 2019. This compares to a rise of 2.0 per cent for Canada. Year-over-year price increases for P.E.I. were led by purchase and leasing of passenger vehicles (3.2%), followed by mortgage interest cost*, food purchased from restaurants (3.9%), traveler accommodation (11.3%), and passenger vehicle insurance premiums (4.1%). These increases were partially offset by year-over-year declines for electricity (-7.0%), telephone services (-5.4%), internet access services (-13.1%), drivers' licences*, and passenger vehicle registration fees (-20.0%).
The monthly change for P.E.I. in April 2019 was 0.6 per cent. Lower prices for other fresh or frozen poultry*, children's clothing (-10.7%), women's clothing (-3.3%), purchase and leasing of passenger vehicles (-0.5%), and travel tours* were offset by higher prices for gasoline (12.8%), rent (1.8%), traveler accommodation (6.6%), purchase and operation of recreational vehicles (3.8%), and other food preparations*.
The gasoline index rose 10.0% month over month at the national level in April. Carbon levies, which establish a pricing system on carbon dioxide equivalent emissions, were introduced in New Brunswick, Ontario, Manitoba and Saskatchewan under the Greenhouse Gas Pollution Pricing Act. Prince Edward Island implemented its own carbon levy in April, while British Columbia increased its existing carbon levy. The six provinces in which carbon levies were implemented or increased experienced the largest month-over-month increases in gasoline prices.
*data not published at the provincial level.
Related downloads for this release:
Monthly Consumer Price Index Report PDF (87KB)
The CPI for May 2019 will be released on June 19, 2019.
Source: Statistics Canada, Table 18-10-0004-01, Consumer Price Index, monthly, not seasonally adjusted