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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

May 18, 2018
CONSUMER PRICE INDEX APRIL 2018



NOVA SCOTIA
In Nova Scotia April 2018, the consumer price index (2002=100) increased 0.5% from March 2018 to 135.7 and increased 2.8% over April 2017. 


The CPI, excluding food and energy, remained unchanged from March 2018 at 126.7, and increased 2.4% over April 2017.

CANADA
In Canada April 2018, the consumer price index (2002=100) increased 0.3% from March 2018 to 133.3 and increased 2.2% over April 2017.

The CPI, excluding food and energy, decreased 0.1% from March 2018 to 127.5, and increased 1.8% over April 2017.

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

HALIFAX

In Halifax April 2018, the consumer price index (2002=100) increased 0.4% from March 2018 to 134.4 and increased 2.7% over April 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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