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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

February 17, 2026
CONSUMER PRICE INDEX, JANUARY 2026

Year-over-year (January 2026 vs January 2025)

All items: Consumer prices in Nova Scotia increased 2.7%, down 0.4 percentage points from inflation in the previous month. The national average inflation was 2.3%. In Halifax consumer prices increased 2.8%.

All items excluding food and energy: Nova Scotia consumer prices outside of food and energy increased 3.2%. This was above the national average increase of 2.4%.

Month-over-month (January 2026 vs December 2025)

All items: Consumer prices in Nova Scotia were down 0.1% in January 2026 compared with December 2025. Nationally, consumer prices were unchanged 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 down 0.1% month over month in January 2026. Nationally, consumer prices outside of food and energy were down 0.2% compared to December 2025.

 

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



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