Found 2 blog entries tagged as Consumer Price Index.

Date Published: July 15, 2025

Canadian prices, as measured by the Consumer Price Index (CPI), rose 1.9 per cent on a year-over-year basis in June, up from a 1.7 per cent increase in May. Month-over-month, on a seasonally adjusted basis, the CPI was up 0.2 per cent in June.

Upward pressure on headline inflation was largely driven by a slower fall in gasoline prices year-over-year compared to May, along with higher price growth for durable goods (2.7 per cent). Additionally, shelter price growth continues to cool, with prices growing by 2.9 per cent in June, slightly down from 3.0 per cent in May.

Furthermore, the CPI excluding energy rose by 2.7 per cent in June. Food purchased in grocery stores rose at a slower pace of 2.8 per cent year-over-year…

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Canadian prices, as measured by the Consumer Price Index (CPI), rose 1.7 per cent on a year-over-year basis in April, down from a 2.3 per cent increase in March. Month-over-month, on a seasonally adjusted basis, the CPI was down 0.2 per cent in April.

The overall slowdown in headline CPI is largely driven by lower energy prices, catalyzed by the removal of the consumer carbon tax. The CPI ex-energy rose by 2.9 per cent in April.

While shelter costs remain the main driver of inflation, grocery price growth has also outpaced the headline CPI over the past three months, with prices rising 3.8 per cent year-over-year in April.

In British Columbia, consumer prices rose 2.0 per cent year-over-year, down from 2.6 per cent in March. The Bank of…

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