Canada’s Consumer Price Index rises
July 21st, 2012 - 2:23 pm ICT by IANSVancouver, July 21 (IANS) Canada’s Consumer’s Prices Index (CPI) rose 1.5 percent in the 12 months to June, following a 1.2 percent gain in May, the country’s national statistical agency said.
The increase in CPI was led by higher prices for the purchase of passenger vehicles and, to a lesser extent, for electricity, Statistics Canada said Friday.
Prices for the purchase of passenger vehicles increased 3.9 percent year over year in June, which was the result of less discounting by manufacturers compared with June 2011, reported Xinhua.
The cost of electricity rose 5.9 percent year-on-year in June, mostly as a result of increases in the provinces of Ontario, Alberta and British Columbia, it said.
Despite the increase in electricity prices, the energy index declined 0.8 percent in the 12 months to June, following a 1.6 percent decrease in May.
Gasoline prices fell 1.8 percent after declining 2.3 percent in May.
- Canada's inflation rate rises - Mar 24, 2012
- China's inflation accelerates (Lead) - Sep 09, 2012
- Canada's inflation rate drops in October - Nov 19, 2011
- Inflation down by 6.87 percent - Aug 14, 2012
- Retail inflation eases to 9.86 percent in July - Aug 21, 2012
- China's inflation rate rebounds - Sep 09, 2012
- US consumer prices rise - Mar 17, 2012
- China's rich snap up homes overseas - Jun 21, 2011
- South Korea's consumer price index rises - Sep 03, 2012
- Retail inflation surges to 10.36 percent in April - May 18, 2012
- Inflation eases, but food prices surge - Jul 16, 2012
- China's Producer Price Index falls - May 11, 2012
- Consumer price inflation rises to 9.47 percent - Apr 18, 2012
- China's Producer Price Index rises in December - Jan 12, 2012
- China's inflation eases to 6.1 percent in September - Oct 14, 2011
Tags: 12 months, british columbia, consumer price index, cost of electricity, electricity prices, electricity statistics, energy index, extent, gasoline prices, index cpi, national statistical agency, passenger vehicles, statistics canada, vancouver, xinhua