Consumer Price Index Monthly

Consumer Price Index, August 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

All-Items Consumer Price Index by Province

  CA NL PE NS NB QC ON MB SK AB BC
August 2019 136.8 139.9 138.8 138.4 137.4 132.4 138.5 137.3 140.2 143.4 132.2
July 2019 137.0 140.1 139.5 138.5 137.1 132.6 138.8 137.4 140.7 143.6 132.4
August 2018 134.2 138.9 137.6 136.2 134.7 129.5 135.9 134.2 137.6 141.6 129.6
Year Over year Change (%) 1.9 0.7 0.9 1.6 2.0 2.2 1.9 2.3 1.9 1.3 2.0
Monthly Change (%) -0.1 -0.1 -0.5 -0.1 0.2 -0.2 -0.2 -0.1 -0.4 -0.1 -0.2

Summary

Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 0.9 per cent in August 2019. This compares to a rise of 1.9 per cent for Canada. Year-over-year price increases for P.E.I. were led by purchase and leasing of passenger vehicles (3.6%), followed by inter-city transportation (10.0%), mortgage interest cost*, passenger vehicle insurance premiums (5.4%), and processed meat (12.4%). These increases were offset by year-over-year declines for gasoline (-8.0%), fuel oil and other fuels (-8.4%), internet access services (-10.0%), women's clothing (-6.1%), and drivers' licences*.
 
The monthly change for P.E.I. in August 2019 was -0.5 per cent. Lower prices for gasoline ( 5.2%), rent (-3.3%), fuel oil and other fuels (-5.4%), fresh vegetables (-7.1%), and fresh or frozen beef (-6.1%) were mostly offset by higher prices for inter-city transportation (3.0%), traveler accommodation (2.5%), other food preparations*, preserved fruit and fruit preparations (9.7%), and cereal products excluding baby food (3.7%).

 

*data not published at the provincial level.

 

Related downloads for this release:

Monthly Consumer Price Index Report PDF (87KB)

The CPI for September 2019 will be released on October 16, 2019.

Source: Statistics Canada, Table 18-10-0004-01, Consumer Price Index, monthly, not seasonally adjusted

Published date: 
September 18, 2019
Finance

General Inquiries

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

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

DeptFinance@gov.pe.ca