Consumer Price Index Monthly

Consumer Price Index, February 2020

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
February 2020 137.4 140.3 138.9 139.1 137.6 133.2 138.7 138.3 141.2 145.5 132.9
January 2020 136.8 140.0 139.0 138.5 137.3 132.6 138.0 137.5 140.6 144.7 132.1
February 2019 134.5 138.0 135.9 135.7 134.7 130.2 136.0 135.2 138.5 142.0 129.8
Year Over year Change (%) 2.2 1.7 2.2 2.5 2.2 2.3 2.0 2.3 1.9 2.5 2.4
Monthly Change (%) 0.4 0.2 -0.1 0.4 0.2 0.5 0.5 0.6 0.4 0.6 0.6

Summary

Statistics Canada reported that the year-over-year change in the All-Items Consumer Price Index for P.E.I. was 2.2 per cent in February 2020. The change for Canada was also 2.2 per cent. Year-over-year price increases for P.E.I. were led by gasoline (11.2%), followed by purchase and leasing of passenger vehicles (2.0%), rent (3.3%), inter-city transportation (10.3%), and property taxes and other special charges (4.9%). These increases were partially offset by year-over-year declines for fuel oil and other fuels (-9.2%), telephone services (-7.2%), other food preparations* , footwear (-2.9%), and children's clothing (-3.7%).
 
The monthly change for P.E.I. in February 2020 was -0.1 per cent. Lower prices for fuel oil and other fuels ( -14.6%), gasoline (-2.3%), recreational equipment and services (excluding recreational vehicles) (-4.8%), other food preparations*, and fresh fruit (-7.9%) were offset by higher prices for women's clothing (9.2%), travel tours*, purchase and leasing of passenger vehicles (0.7%), rent (1.5%), and dairy products (3.5%).

*data not published at the provincial level.

Related downloads for this release:

Monthly Consumer Price Index Report PDF (87KB)

The CPI for March 2020 will be released on April 22, 2020.

Source: Statistics Canada.

Table 18-10-0004-01, Consumer Price Index, monthly, not seasonally adjusted

 

Published date: 
March 19, 2020
Finance

General Inquiries

Department of Finance
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95 Rochford Street
P.O. Box 2000
Charlottetown, PE, C1A 7N8

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

DeptFinance@gov.pe.ca