British Columbia and Ontario saw the slowest growth in consumer prices on a year-over-year basis in September, according to Statistics Canada data released this morning.
Prices in both provinces of 0.7%, compared with the national average of 1.2%.
B.C. had growth of 1.0% in the 12 months leading to August.
The greatest increases in consumer prices, in the 12 months leading to September, were found in:
- Prince Edward Island (2.0%);
- Quebec (1.9%); and
- Newfoundland and Labrador (1.8%).
British Columbia and Quebec were the only two provinces that saw zero consumer price growth from August to September.
B.C. was the only province in which gasoline prices fell in the 12 months leading to September, with a decrease of 0.8%. This compares with a nationwide increase of 4.7% for the same period. The Atlantic region saw the greatest increases in this area.
