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April 17, 2019
CONSUMER PRICE INDEX, MARCH 2019

NOVA SCOTIA

In Nova Scotia March 2019, the Consumer Price Index (index 2002=100) increased 0.8 per cent from February 2019 to 136.8 and increased 1.3 per cent over March 2018. The CPI, excluding food and energy, increased 0.5 per cent from February 2019 to 128.2 and increased 1.2 per cent over March 2018. 

CANADA 

In Canada March 2019, the Consumer Price Index (index 2002=100) increased 0.7 per cent from February 2019 to 135.4 and increased 1.9 per cent over March 2018. The CPI, excluding food and energy, increased 0.3 per cent from February 2019 to 130.0 and increased 1.9 per cent over March 2018

In Canada March 2019, year-over-year inflation in CPI-Common was 1.8 per cent , CPI-Median was 2.0 per cent and CPI-Trim was 2.1 per cent.

HALIFAX

In Halifax March 2019, the Consumer Price Index (index 2002=100) increased 0.7 per cent from February 2019 to 135.5 and increased 1.3 per cent over March 2018. 

 

NOTES

Statistics Canada Note: Since 2001, the Bank of Canada's main measure of core inflation has been "core" consumer price index (CPIX) inflation, which excludes eight of the most volatile components of the CPI and adjusts the remainder for the effect of changes in indirect taxes. Following a review of a wide selection of measures of core inflation in 2015, in the context of its most recent renewal of the inflation-control target, the Bank chose three preferred measures of core inflation: (i) a measure based on a trimmed mean (CPI-trim); (ii) a measure based on the weighted median (CPI-median); (iii) a measure based on the common component (CPI-common). For more information see The Daily.

REFERENCES

Statistics Canada Cat. No. 62-604,

Statistics Canada Tables:18-10-0004-01 (formerly CANSIM 326-0020)

18-10-0256-01 (formerly CANSIM 326-0023)


Orange ClockFor More Information

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