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
|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|
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