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For additional information relating to this article, please contact:

Mike Milloy Planning and Development Officer
Tel: 902-424-8800Email: Mike.Milloy@novascotia.ca

September 22, 2017
CONSUMER PRICE INDEX AUGUST 2017



NOVA SCOTIA
In Nova Scotia August 2017, the consumer price index (2002=100) increased 0.2% from July 2017 to 132.6 and increased 1.1% over August 2016.

The CPI, excluding food and energy, decreased 0.2% from July 2017 to 124.6, and increased 0.9% over August 2016.

CANADA
In Canada August 2017, the consumer price index (2002=100) increased 0.1% from July 2017 ato 130.5 and increased 1.4% over August 2016.

The CPI, excluding food and energy, remained unchanged from July 2017 at 125.6, and increased 1.5% over August 2016.

Compared with August 2016, CPI-Common rose 1.5%, CPI-Median rose 1.7%, and CPI-Trim rose 1.4%.

HALIFAX

In Halifax August 2017, the consumer price index (2002=100) increased 0.1% from July 2017 to 131.4 and increased 1.0% over August 2016.

 

Statistics Canada Note: Since 2001, the Bank of Canada's main measure of core inflation has been "core" consumer price index (CPIX) inflation, which excludes eight of the most volatile components of the CPI and adjusts the remainder for the effect of changes in indirect taxes. Following a review of a wide selection of measures of core inflation in 2015, in the context of its most recent renewal of the inflation-control target, the Bank chose three preferred measures of core inflation: (i) a measure based on a trimmed mean (CPI-trim); (ii) a measure based on the weighted median (CPI-median); (iii) a measure based on the common component (CPI-common). For more information see The Daily.

 

Statistics Canada Cat. No. 62-001, CANSIM 326-0020 326-0023



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