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December 19, 2014
CONSUMER PRICE INDEX NOVEMBER 2014



NOVA SCOTIA
In Nova Scotia November 2014, the consumer price index (2002=100) decreased 0.6% from October 2014 to 128.6 and increased 1.5% over November 2013.

The CPI, excluding food and energy, decreased 0.3% from October 2014 to 119.3, and increased 1.5% over November 2013.

CANADA
In Canada November 2014, the consumer price index (2002=100...

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December 19, 2014
ANALYSIS OF NOVA SCOTIA'S CONSUMER PRICE INDEX FOR NOVEMBER 2014

At 1.5 per cent year over year, Nova Scotia's consumer price index was below the national average of 2.0 per cent from November 2013 to November 2014. Within Atlantic Canada, Nova Scotia posted the highest year over year CPI increase. New Newfoundland and Labrador's CPI increased 0.7 per cent, New Brunswick's CPI increased 1.1 per cent and PEI posted an increase of only 0.1 per cent. West of Atlantic Canada, the lowest inflation year over year was in Manitoba at 1.1 per cent and ...

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December 19, 2014
BANK OF JAPAN MONETARY POLICY

Today December 19, 2014 the Bank of Japan released its statement on monetary policy. The Bank will continue the monetary policy of QQE (quantitative and qualitative easing), aiming to achieve the price stability target of 2 percent. This policy is based on continuation of a moderate recovery for the economy after the adjustment of a hike in consumption taxes has been fully dissipated. This policy is expected to keep down ward pressure on interest rates.    



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December 18, 2014
EMPLOYMENT INSURANCE OCTOBER 2014

In October 2014, the number (seasonally adjusted) of Nova Scotians receiving regular Employment Insurance (EI) benefits increased by 150 persons (0.6%) from the previous month to 25,150, and declined by 2,010 persons (-7.4%) over October 2013.

In October 2014, the number (seasonally adjusted) of Canadians receiving regular EI benefits fell by 4,370 persons (-0.9%) from the previous month to 491,370 and declined by 26,800 persons (-5.2%) over October 2013.

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December 18, 2014
STUDY: NEW FACTS ON PENSION COVERAGE IN CANADA, 2012

In this study, data from the 2012 Longitudinal and International Study of Adults (LISA) are used to examine the pension coverage of employed Canadians aged 25 to 54.  While the study focuses on defined benefit plans, under which benefits correspond to a set amount or are determined with a formula providing a pension unit for each year of service, an information is also available on defined contribution plans, in which the value of accumulated contributions is applied upon employee retire...

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Statistics at a Glance(Mouse over items for details)
Building Permits +20.9%
Consumer Price Index +2.0%
CPI (Annual) +1.2%
Debt: GDP 34.8%
Deficit/Surplus: GDP D: 0.5%
Employment Growth -0.2%
Employment Level 446.3
Exports (Domestic) -4.1%
GDP (millions, 2012) 38397
GDP Growth (2012) -0.1%
Income (per capita) $33,934
Manufacturing Shipments 5.0%
Non-res. Investment -6.2%
Population July 1, 2013 940,789
Res. Investment -17.6%
Retail sales -0.0%
Unemployment Rate 8.6%
Wholesale Trade +0.5%

For More
Information

Thomas Storring
Director of Economics/Statistics
Tel: 902-424-2410
Email: thomas.storring@novascotia.ca