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 combination of falling energy exports and significant jumps in the imports of consumer goods pushed Canada to a record trade deficit in March. 

Read Article

B.C.’s low EI counts and declining trend is in line with our view that B.C. is coming out of this oil shock with minimal damage

Read Article

Economy

Insider trading, May 5, 2015

By May 5, 2015, midnight

The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed the week ending ...

Read Article

Sector involves wealthy families buying equity stakes in ventures and lending money

Read Article

B.C. is poised to lead the provinces in economic growth for the first time in a decade, according to BMO’s Blue Book report. 

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

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