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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

April 20, 2018
CONSUMER PRICE INDEX MARCH 2018



NOVA SCOTIA
In Nova Scotia March 2018, the consumer price index (2002=100) increased 0.4% from February 2018 to 135.0 and increased 2.2% over March 2017. 


The CPI, excluding food and energy, increased 0.8% from February 2018 to 126.7, and increased 2.3% over March 2017.

CANADA
In Canada March 2018, the consumer price index (2002=100) increased 0.3% from February 2018 to 132.9 and increased 2.3% over March 2017.

The CPI, excluding food and energy, increased 0.4% from February 2018 to 127.6, and increased 1.9% over March 2017.

Compared with March 2017, CPI-Common rose 1.9%, CPI-Median rose 2.1%, and CPI-Trim rose 2.0%.

HALIFAX

In Halifax March 2018, the consumer price index (2002=100) increased 0.5% from February 2018 to 133.8 and increased 2.4% over March 2017.

 

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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