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January 18, 2019CONSUMER PRICE INDEX, DECEMBER and ANNUAL 2018 DECEMBER 2018
NOVA SCOTIA
In Nova Scotia December 2018, the Consumer Price Index (index 2002=100) decreased 0.5 per cent from November 2018 to 134.9 and increased 1.6 per cent over December 2017. The CPI, excluding food and energy, decreased 0.2 per cent from November 2018 to 127.3 and increased 2.2 per cent over December 2017.
CANADA
In Canada December 2018, the Consumer Price Index (index 2002=100) decreased 0.1 per cent from November 2018 to 133.4 and increased 2.0 per cent over December 2017. The CPI, excluding food and energy, increased 0.1 per cent from November 2018 to 128.5 and increased 2.3 per cent over December 2017.
In Canada December 2018, year-over-year inflation in CPI-Common was 1.9 per cent, CPI-Median was 1.8 per cent and CPI-Trim was 1.9 per cent.
HALIFAX
In Halifax December 2018, the Consumer Price Index (index 2002=100) decreased 0.6 per cent from November 2018 to 133.5 and increased 1.5 per cent over December 2017.
ANNUAL
In Nova Scotia 2018, the Consumer Price Index (index 2002=100) increased 2.2 per cent over 2017.
In Canada 2018, the Consumer Price Index (index 2002=100) increased 2.3 per cent over 2017.
In Halifax 2018, the Consumer Price Index (index 2002=100) increased 2.1 per cent over 2017.
NOTES
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.
REFERENCES
Statistics Canada Cat. No. 62-604,Statistics Canada Tables:
18-10-0004-01
18-10-0256-01 year-over-year inflation
18-10-0005-01 ANNUAL
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