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June 25, 2024
CONSUMER PRICE INDEX, MAY 2024

Year-over-year (May 2024 vs May 2023)

All items: Consumer prices in Nova Scotia increased 3.7%. The national average inflation was 2.9%. In Halifax consumer prices increased 3.8%.

All items excluding food and energy: Nova Scotia consumer prices outside of food and energy increased 2.6%. This was below the national average increase of 2.9%.

Month-over-month (May 2024 vs April 2024)

All items: Consumer prices in Nova Scotia increased 0.2%. Nationally, consumer prices increased 0.6% 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 grew 0.2% month over month in May 2024. Nationally, consumer prices outside of food and energy were 0.6% higher compared to the previous month.

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


Orange ClockFor More Information

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