Consumer Price Index Monthly

Consumer Price Index, November 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
November 2019 136.4 139.9 139.0 138.4 137.3 132.4 137.7 137.6 140.5 143.6 131.8
October 2019 136.6 139.7 138.4 138.0 136.8 132.4 137.9 138.0 140.9 143.6 132.2
November 2018 133.5 137.8 136.1 135.6 134.1 128.9 135.1 134.3 137.9 140.7 128.9
Year Over year Change (%) 2.2 1.5 2.1 2.1 2.4 2.7 1.9 2.5 1.9 2.1 2.2
Monthly Change (%) -0.1 0.1 0.4 0.3 0.4 0.0 -0.1 -0.3 -0.3 0.0 -0.3

Summary

Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 2.1 per cent in November 2019. This compares to a rise of 2.2 per cent for Canada. Year-over-year price increases for P.E.I. were led by purchase and leasing of passenger vehicles (3.5%), followed by rent (4.4%), processed meat (16.1%), property taxes and other special charges (4.9%), and mortgage interest cost*. These increases were partially offset by year-over-year declines for fuel oil and other fuels (-8.9%), telephone services (-6.4%), drivers' licences*, passenger vehicle registration fees (-20.0%), and footwear (-5.2%).

 
The monthly change for P.E.I. in November 2019 was 0.4 per cent. Lower prices for other food preparations*, travel tours*, recreational equipment and services excluding recreational vehicles (-3.5%), traveler accommodation (-3.3%), and clothing accessories, watches and jewellery (-4.0%) were offset by higher prices for purchase and leasing of passenger vehicles (1.2%), dairy products (4.2%), other fresh or frozen poultry*, fresh fruit (8.8%), and rent (1.1%).

 

*data not published at the provincial level.

 

Related downloads for this release:

Monthly Consumer Price Index Report PDF (87KB)

The CPI for December 2019 will be released on January 22, 2020.

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

Published date: 
December 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