novascotia.ca - Nova Scotia Canada - Government of Nova Scotia

Home > Economics and Statistics > Selected Daily Stats Article
For additional information relating to this article, please contact:

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

October 19, 2018
CONSUMER PRICE INDEX SEPTEMBER 2018


NOVA SCOTIA

In Nova Scotia September 2018, the Consumer Price Index (index 2002=100) decreased 0.5% from August 2018 to 135.5 and increased 1.7% over September 2017. The CPI, excluding food and energy, decreased 0.4% from August 2018 to 126.6 and increased 1.1% over September 2017. 

CANADA 

In Canada September 2018, the Consumer Price Index (index 2002=100) decreased 0.4% from August 2018 to 133.7 and increased 2.2% over September 2017. The CPI, excluding food and energy, decreased 0.3% from August 2018 to 128.1 and increased 1.8% over September 2017. Compared with September 2017, CPI-Common fell to 1.9%, CPI-Median fell to 2.0% and CPI-Trim fell to 2.1%.

HALIFAX

In Halifax September 2018, the Consumer Price Index (index 2002=100) decreased 0.5% from August 2018 to 134.2 and increased 1.5% over September 2017. 

QUOTES

"Prices rose less year over year in every province in September compared with the previous month, with price growth decelerating most in Newfoundland and Labrador (+1.4%), Prince Edward Island (+1.7%) and Nova Scotia (+1.7%). Year-over-year growth in consumer prices for fresh vegetables slowed in all four Atlantic provinces, while increasing at a faster rate on a national level."

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,

CANSIM Tables:

18-10-0004-01 (formerly CANSIM 326-0020)

18-10-0256-01 (formerly CANSIM  326-0023)