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Consumer Price Index
The Consumer Price Index (CPI) is an indicator of changes in consumer prices experienced by Canadians. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers. Since the basket contains goods and services of unchanging or equivalent quantity and quality, the index reflects only pure price change.

The CPI is widely used as an indicator of the change in the general level of consumer prices or the rate of inflation. Since the purchasing power of money is affected by changes in prices, the CPI is useful to virtually all Canadians. Consumers can compare movements in the CPI to changes in their personal income to monitor and evaluate changes in their financial situation.
For the latest information and historical data, please contact the individual listed below:

Mike Milloy
Planning and Development Officer
Tel:902-424-8800
Email: Mike.Milloy@novascotia.ca


To view previous releases, select one from the dropdown box:

Currently displaying information released on: June, 2018

EU AND EURO AREA CONSUMER PRICE INFLATION, MAY 2018

In May, inflation was 2.0 per cent in the European Union (up from 1.5 per cent in April) and 1.9 per cent in the Euro Area (up from 1.3 per cent in April). Inflation in both Canada and Nova Scotia also rose in the latest year-over-year results for April, Canada up 2.8 per cent and Nova Scotia up 2.2 per cent for the All-Items index.

Among member states, the fastest year-over-year inflation was reported in Romania, Estonia, Hungary and Lithuania.  The lowest inflation was reported in Ireland and Greece.

In May, the highest contribution to euro area inflation came from services, energy, and food, alcohol and tobacco, and non-energy industrial goods. 

Source: Eurostat