Consumer Price Index Monthly
Consumer Price Index, September 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 (%)||2.2%||1.4%||1.7%||1.7%||2.0%||1.7%||2.2%||2.4%||1.8%||3.0%||2.5%|
|Monthly Change (%)||-0.4%||-0.4%||-1.2%||-0.5%||-0.4%||-0.2%||-0.5%||-0.1%||-0.2%||-0.4%||-0.5%|
Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 1.7 per cent in September 2018. This compares to a rise of 2.2 per cent for Canada. Year-over-year price increases for P.E.I. were led by fuel oil and other fuels (23.6%), followed by gasoline (10.1%), mortgage interest cost*, inter-city transportation (7.0%), and other fresh or frozen poultry*. These increases were partially offset by year-over-year declines for electricity (-4.8%), traveler accommodation (-4.8%), preserved fruit and fruit preparations (-12.8%), fresh or frozen beef (-7.9%), and telephone services (-1.2%).
The monthly change for P.E.I. in September 2018 was -1.2 per cent. Lower prices for traveler accommodation (‑17.1%), inter-city transportation (-15.8%), fresh vegetables (-13.4%), purchase and leasing of passenger vehicles (-1.3%), and travel tours* were partially offset by higher prices for tuition fees (2.7%), footwear (4.1%), preserved vegetables and vegetable preparations (3.6%), paper, plastic and aluminum foil supplies (1.8%), and mortgage interest cost*.
*data not released at the provincial level.
Related downloads for this release:
Monthly Consumer Price Index Report PDF (87KB)
The CPI for October 2018 will be released on November 23, 2018.