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For additional information relating to this article, please contact:

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

January 19, 2026
CONSUMER PRICE INDEX, DECEMBER & ANNUAL 2025

Year-over-year (December 2025 vs December 2024)

All items: Consumer prices in Nova Scotia increased 3.1%, up 0.7 percentage points from inflation in the previous month. The national average inflation was 2.4%. In Halifax consumer prices increased 3.1%.

All items excluding food and energy: Nova Scotia consumer prices outside of food and energy increased 3.5%. This was above the national average increase of 2.5%.

Month-over-month (December 2025 vs November 2025)

All items: Consumer prices in Nova Scotia were down 0.2% in December 2025 compared with November 2025. Nationally, consumer prices were down 0.2% compared to the previous month. In Halifax consumer prices were down 0.1%.

All items excluding food and energy: Nova Scotia consumer prices excluding food and energy were up 0.1% month over month in December 2025. Nationally, consumer prices outside of food and energy were unchanged from the previous month.

ANNUAL (2025 VS 2024)

Comparing the average of CPI in 2025 with the average in 2024, all-items CPI increased by 2.1% in Nova Scotia. National all-items CPI was up 2.1% in 2025. In Halifax, all-items CPI grew 2.2%. 

Excluding food and energy, Nova Scotia's inflation was 2.9% in 2025, above the national inflation of 2.5%. 

 

Source: Statistics Canada.  Table  18-10-0004-01   Consumer Price Index, monthly, not seasonally adjusted



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