Consumer Price Index: New basket weights, 2024
Released: 2025-06-17
Updated basket weights for the goods and services in the Consumer Price Index (CPI), representing consumer spending patterns in 2024, are now available. The 2024 basket will combine expenditure data from the Household Final Consumption Expenditures, the Survey of Household Spending and alternative data sources to account for shifts in spending.
The updated weights will be incorporated into the May 2025 CPI, which will be released on June 24, 2025. They will replace the previous weights, which were based on 2023 expenditure patterns.
The weight reference period for the new basket is 2024. The index base period for the all-items CPI remains 2002=100.
For more detailed information, consult the document entitled "An Analysis of the 2025 Consumer Price Index Basket Update, Based on 2024 Expenditures."
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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; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
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