Service inflation: Why is it higher? A partial examination of the causes

Articles and reports: 61-532-X19970013505
Description:

For a number of years, the service component of the Canadian Consumer Price Index (CPI) has generally shown a higher rate of increase than the goods component. From 1961 to 1996, the average annual increase of service prices was 5.7 % as opposed to 4.9 % for goods.

Issue Number: 1997001
Author(s): Kostenbauer, Klaus; Prud'homme, Marc
Main Product: Canadian Economic Structural Change in the Age of NAFTA: Proceedings
Format Release date More information
PDF February 2, 1998