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Mike Milloy Planning and Development Officer
Tel: 902-424-8800Email:

December 19, 2018

In November 2018, the UK Consumer Price Index including owner-occupiers' housing costs (CPIH) rose by 2.2 per cent per compared with November 2017.  This is level with last month's year-over-year increase.  The largest upward contributions came from rising tobacco prices and other categories such as accommodation and sea transport. Downward contributions came from falling petrol prices and cultural goods and services such as games, toys, and hobbies.   

Growth in the Consumer Price Index excluding owner occupiers' housing costs (CPI) has been slightly faster at 2.3 per cent, down from 2.4 per cent, reported in October 2018. 

UK inflation has been more volatile than prices in Canada.  Over the last couple of years, UK prices rose substantially faster than those in Canada, but since early 2018, growth has been similar for the two countries. Nova Scotia's CPI has recently dropped lower than in the UK. 

Note: The UK has recently expanded the commentary on the consumer price index to include owner occupiers' housing costs (CPIH).  This includes the costs associated with owning, maintaining and living in one’s own home, known as owner occupiers’ housing costs (OOH), along with Council Tax. Both of these are significant expenses for many households and are not included in the more narrow Consumer Price Index (CPI). CPIH was re-designated as a National Statistics on 31 July 2017.  More information on the CPIH can be found here.

Source: United Kingdom Office for National Statistics Statistical bulletin, Statistics Canada table 18-10-0004-01

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