Consumer Price Index Monthly
Consumer Price Index, June 2018
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 (%)||2.5%||2.3%||2.9%||2.2%||2.2%||2.0%||2.4%||2.7%||2.7%||2.8%||2.7%|
|Monthly Change (%)||0.1%||0.2%||0.6%||0.1%||0.1%||-0.1%||0.3%||0.0%||-0.3%||0.0%||0.2%|
Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 2.9 per cent in June 2018. This compares to a rise of 2.5 per cent for Canada. Year-over-year price increases for P.E.I. were led by gasoline (22.4%), followed by fuel oil and other fuels (31.3%), inter-city transportation (12.1%), purchase and leasing of passenger vehicles (1.8%), and electricity (2.3%). These increases were partially offset by year-over-year declines for telephone services (-9.5%), bakery products (-5.7%), women's clothing (-3.5%), travel tours*, and preserved vegetables and vegetable preparations (-9.9%).
The monthly change for P.E.I. in June 2018 was 0.6 per cent. Lower prices for travel tours*, women's clothing (-3.5%), gasoline (-1.0%), preserved fruit and fruit preparations (-8.0%), and telephone services (-1.1%) were offset by higher prices for traveler accommodation (23.8%), purchase and leasing of passenger vehicles (1.5%), other fresh or frozen poultry*, fresh or frozen pork (33.6%), and inter-city transportation (4.7%).
*data for travel tours and other fresh or frozen poultry not released at the provincial level.
Related downloads for this release:
Monthly Consumer Price Index Report PDF (87KB)
The CPI for July 2018 will be released on August 17, 2018.