B.C. has the lowest consumer price growth in the country

British Columbia experienced the country's lowest year-over-year consumer price increases in October, according to Statistics Canada data released this morning.

British Columbia experienced the country's lowest year-over-year consumer price increases in October, according to Statistics Canada data released this morning.

The Consumer Price Index data showed an overall increase of 0.5% for the province in the 12 months leading to October, after an increase of 0.7% in September.

Consumer prices rose 1.2% country-wide, the same rate as recorded for the previous month.

The greatest increases were found in Newfoundland and Labrador (2.2%), Prince Edward Island (2.1%) and Quebec (1.9%).

B.C. also had the slowest growth in gasoline prices in the country year-over-year to October, recording an increase of 0.3%, compared with the decrease of 0.8% recorded in September. The national growth rate was 4.0%, with Prince Edward Island experiencing the greatest increase in gasoline prices at 9.0%.

ecrawford@biv.com

@EmmaCrawfordBIV

comments powered by Disqus

Also Read

More From Economy

After sifting through 460 nominations from across the province, the Small Business BC awards has culled its list of semi-finalists down to just 10 in ...

Read Article

It’s that time of year again -- Christmas time. You may have noticed.

Read Article

The outlook for commodity prices for British Columbia companies in 2015 is a mixed bag that includes... 

Read Article

Consumer prices were up 1.2% in British Columbia year-over-year to November, which is slightly higher than...

Read Article

Manufacturing sales in British Columbia jumped 7.9% in the 12 months to October...

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×