February 20, 2024CONSUMER PRICE INDEX, JANUARY 2024 ![](https://novascotia.ca/finance/statistics/media/20240220-cpi1.jpg)
Year-over-year (January 2024 vs January 2023)
All items: Consumer prices in Nova Scotia increased 3.0%. The national average inflation was 2.9%. In Halifax consumer prices increased 3.5%.
All items excluding food and energy: Nova Scotia consumer prices outside of food and energy increased 2.5%. This was below the national average increase of 3.1%.
Month-over-month (January 2024 vs December 2023)
All items: Consumer prices in Nova Scotia declined 0.1%. Nationally, consumer prices were unchanged compared to the previous month. In Halifax consumer prices rose 0.1%.
All items excluding food and energy: Nova Scotia consumer prices excluding food and energy declined 0.4% month over month in January 2024. Nationally, consumer prices outside of food and energy were 0.1% lower compared to the previous month.
Source: Statistics Canada. Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted