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Consumer Price Index, June 2019

Released: 2019-07-17

Consumer Price Index

June 2019

2.0% increase

(12-month change)

The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in June, down from a 2.4% increase in May, largely due to lower month-over-month energy prices. Excluding energy, the CPI rose 2.6% year over year. Prices increased year over year in all eight major components.

On a seasonally adjusted monthly basis, the CPI declined 0.1% in June, following a 0.3% gain in May.

Chart 1  Chart 1: The 12-month change in the Consumer Price Index (CPI) and the CPI excluding energy
The 12-month change in the Consumer Price Index (CPI) and the CPI excluding energy

Chart 2  Chart 2: Year-over-year growth in energy prices slows in June
Year-over-year growth in energy prices slows in June

Consumer Price Index data visualization tool

The Consumer Price Index (CPI) data visualization tool provides access to current and historical data in a dynamic and customizable format. Check out the latest CPI snapshot to find out what's currently driving price changes in the CPI. Explore key CPI indicators and compare price changes of all the goods and services in the CPI basket over time and by geography.

This web-based application is updated every month with the release of the CPI.

Visit our interactive Consumer Price Index Data Visualization Tool and stay tuned for a new CPI Portal coming soon!

Highlights

Energy

Energy prices fell 4.1% year over year in June, following a 0.1% decrease in May. Consumers paid less for gasoline (-9.2%) and fuel oil and other fuels (-4.1%). This was due in part to falling oil prices amid rising fuel inventories in the United States and the elimination of carbon pricing in Alberta at the end of May.

Infographic 1  Thumbnail for Infographic 1: Gasoline prices fall sharply month over month in June
Gasoline prices fall sharply month over month in June

Durable goods

The purchase of passenger vehicles index rose 3.0% on a year-over-year basis in June, following a 4.2% increase in May.

Food

The year-over-year increase in the food index (+3.5%) was led by higher prices for fresh vegetables (+17.3%) in June. This increase, the largest since January 2016, was attributable in part to inclement weather in agricultural regions.

Chart 3  Chart 3: Prices for fresh vegetables continue to rise year over year
Prices for fresh vegetables continue to rise year over year

Insurance

Following a series of rate increases, consumers paid more year over year for homeowners' home and mortgage insurance (+6.3%) and passenger vehicle insurance premiums (+8.8%) in June. These increases were attributable, in part, to the rising cost and frequency of claims associated with weather-related events.

Chart 4  Chart 4: Prices for homeowners' home and mortgage insurance and passenger vehicle insurance premiums continue to rise year over year
Prices for homeowners' home and mortgage insurance and passenger vehicle insurance premiums continue to rise year over year

Chart 5  Chart 5: Consumer prices rise at a slower pace in nine provinces
Consumer prices rise at a slower pace in nine provinces

Regional highlights

Among the provinces, energy prices fell the most year over year in Alberta (-8.4%) in June. Gasoline prices decreased 17.9% in the province, following a decline in global oil prices and the removal of carbon pricing. Natural gas prices fell 3.5% in Alberta due in part to a supply glut related to pipeline maintenance.

Chart 6  Chart 6: Energy prices decrease month over month in every province
Energy prices decrease month over month in every province






  Note to readers

Changes to the table "Inter-city indexes of price differentials of consumer goods and services": Addition of a new geographic stratum

With this release, data on inter-city indexes of price differentials of consumer goods and services, appearing in table 18-10-0003-01, have been updated to October 2018. In addition, the geographic stratum "Iqaluit, Nunavut" was introduced into the table, reflecting data for the food major component.

User consultations

Statistics Canada is planning a series of user consultations on the Consumer Price Index (CPI) program. If you are a user of the CPI and wish to participate, please send an email to: statcan.cpddisseminationunit-dpcunitedediffusion.statcan@canada.ca with your name, organization and contact information.

Real-time data tables

Real-time data table 18-10-0259-01 will be updated on July 29.

Next release

The Consumer Price Index for July will be released on August 21.

Products

The interactive Consumer Price Index Data Visualization Tool is available on the Statistics Canada website.

More information about the concepts and use of the Consumer Price Index (CPI) is available in The Canadian Consumer Price Index Reference Paper (Catalogue number62-553-X).

For information on the history of the CPI in Canada, consult the publication Exploring the First Century of Canada's Consumer Price Index (Catalogue number62-604-X).

Two videos, "An Overview of Canada's Consumer Price Index (CPI)" and "The Consumer Price Index and Your Experience of Price Change," are available on Statistics Canada's YouTube channel.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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