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

The transaction marks the first time a private home-care franchisor has entered into this type of deal 

Read Article

Some think saving probate fees relates to saving income taxes. Nothing could be further from the truth

Read Article

Jen St. Denis on Fortis buying ITC Holdings for US$11.3 billion. Plus: Asian markets seeing more volatility.

Read Article

Iranian expatriates urge Ottawa to lift sanctions and restore diplomatic ties with Iran

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

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