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All (203)
All (203) (70 to 80 of 203 results)
- Articles and reports: 62F0014M2021017Description:
Decisions by economic agents, such as firms and consumers, depend on their views about inflation. Consumers’ views of inflation, are systematically higher than inflation measured by the Consumer Price Index (CPI), and more so for certain demographic groups. While measurement factors can explain part of this gap, behavioral factors appear to play a larger role. This article examines these factors to explain the gap between CPI’s inflation and inflation perceptions in Canada.
Release date: 2022-01-19 - 72. Consumer Price Index: 2021 in Review ArchivedStats in brief: 11-627-M2022004Description:
This infographic details the annual average consumer inflation in Canada and the regions in 2021 while also examining the noteworthy average commodity movements of the year amid the COVID-19 pandemic.
Release date: 2022-01-19 - 18-22-0005Description:
Financial literacy enables Canadians to make responsible, informed decisions about consumption and managing their money to achieve balanced financial lives. An important factor to consider when making such decisions is how prices change over time, or the rate of consumer inflation. Why is inflation important? How is inflation measured? Why does it feel like you’re always spending more for groceries, housing and other goods and services? This webinar will explain the importance of the Consumer Price Index (CPI) for Canadians, exploring how Statistics Canada uses thousands of prices collected each month to measure overall consumer inflation. It will delve into how food and shelter prices are measured and help Canadians better understand the CPI and the role it plays in their financial lives.
https://www.statcan.gc.ca/en/services/webinars/18220005
Release date: 2021-11-10 - Articles and reports: 62F0014M2021016Description:
Using various sources of expenditure data, Statistics Canada, in partnership with the Bank of Canada, has estimated monthly adjusted consumer expenditure weights that reflect shifts in consumption patterns as the COVID-19 pandemic evolves. The Adjusted price index has been updated to incorporate the 2020 basket weights and is now based on a Similarity-linked Fisher price index formula. The expenditure data cover all goods and services in the Consumer Price Index (CPI), and provide snapshot estimates of expenditure weights for June, July, August and September 2021. These estimates can provide insight into the impact of COVID-19 on the headline CPI.
Release date: 2021-11-10 - Articles and reports: 62F0014M2021015Description:
This list consists of the representative products for which prices are collected and used in the calculation of Consumer Price Index as of June 2021.
Release date: 2021-08-30 - Articles and reports: 62F0014M2021011Description:
This paper describes the composition of the Consumer Price Index (CPI) basket and the changes introduced with the 2021 basket update, based on 2020 expenditure weights.
Release date: 2021-07-21 - Stats in brief: 11-627-M2021058Description: This infographic presents the new expenditure weights and basket items for the 2021 update of the Consumer Price Index basket of goods and services based on 2020 expenditures.Release date: 2021-07-21
- Articles and reports: 62F0014M2021010Description:
A year into the pandemic, this article summarizes the impacts of COVID-19 on consumer inflation and highlights the important consumption factors that have shifted in the lives of Canadians.
Release date: 2021-05-19 - Articles and reports: 62F0014M2021009Description:
A summary of methodological treatments as applied to the March 2021 Consumer Price Index (CPI) in response to the effects of the COVID-19 pandemic on price collection, price availability, and business closure.
Release date: 2021-04-21 - Table: 18-10-0263-01Geography: CanadaFrequency: MonthlyDescription:
Adjusted price index based on monthly adjusted consumer expenditure basket weights created by Statistics Canada, in partnership with the Bank of Canada. The data cover the majority of consumer goods and services. These estimates reflect expenditures during the pandemic and concurrent physical distancing, providing insight into the impact of COVID-19 on the headline Consumer Price Index (CPI).
Release date: 2021-04-12
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Data (63)
Data (63) (10 to 20 of 63 results)
- Table: 18-10-0004-06Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription: Monthly indexes and percentage changes for selected sub-groups of the clothing and footwear component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.Release date: 2024-07-16
- Table: 18-10-0004-07Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription: Monthly indexes and percentage changes for selected sub-groups of the transportation component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.Release date: 2024-07-16
- Table: 18-10-0004-08Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription: Monthly indexes and percentage changes for selected sub-groups of the health and personal care component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.Release date: 2024-07-16
- Table: 18-10-0004-09Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription: Monthly indexes and percentage changes for selected sub-groups of the recreation, education and reading component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.Release date: 2024-07-16
- Table: 18-10-0004-10Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription:
Monthly indexes and percentage changes for selected sub-groups of the alcoholic beverages, tobacco products and recreational cannabis component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month, followed by the percentage change in the current month's index compared to last month and the current month. The base year for the index is 2002=100.
Release date: 2024-07-16 - Table: 18-10-0004-11Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription:
Monthly indexes and percentage changes for major components, selected sub-groups and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.
Release date: 2024-07-16 - Table: 18-10-0004-12Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription:
Monthly indexes and percentage changes by product group and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for provincial cities. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.
Release date: 2024-07-16 - Table: 18-10-0004-13Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area partFrequency: MonthlyDescription:
Monthly indexes and percentage changes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.
Release date: 2024-07-16 - Table: 18-10-0006-01Geography: CanadaFrequency: MonthlyDescription:
Monthly indexes for major components and special aggregates of the Consumer Price Index (CPI), seasonally adjusted, for Canada. Data are presented for the current month and previous four months. The base year for the index is 2002=100.
Release date: 2024-07-16 - Table: 18-10-0006-02Geography: CanadaFrequency: MonthlyDescription:
Monthly indexes and percentage changes for major components and special aggregates of the Consumer Price Index (CPI), seasonally adjusted, for Canada. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.
Release date: 2024-07-16
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Analysis (126)
Analysis (126) (120 to 130 of 126 results)
- Articles and reports: 62F0014M19970103363Geography: CanadaDescription:
The debate over problems in measuring inflation is not new. It has recently been revived by the publication of a report by an Advisory Commission to the U.S. Senate. The Commission, chaired by Michael J. Boskin, found that the U.S. Consumer Price Index (CPI) overestimates inflation by 1.1 percentage points a year. This article shows that the potential bias in the French CPI is on a far lower order of magnitude. It is hard to summarize the changes in a multitude of prices with a single figure. Even in the best-case theoretical scenario - a single consumer faced with a spending decision - the treatment of substitutions between existing products raises important problems. Nevertheless, it is possible to provide a fairly accurate description of the various possible alternatives and the statistical procedures used in France largely shield the country's index from criticism on this point. The introduction of new products creates serious difficulties that have not been entirely resolved in the United States, in France, or elsewhere: "new products" is used here in the broad sense to denote (1) genuinely new products on the market and (2) products already sold elsewhere but introduced in a new sales outlet, replacing existing products or not. The Boskin Commission estimates the upward bias in the U.S. CPI due to new products at 0.6 percentage points per year. The Commission's claim rest on fragile and probably exaggerated estimates. Our conclusion converges with the opinion of several U.S. statisticians.
Release date: 1997-10-02 - 122. The Boskin Report from the United Kingdom ArchivedArticles and reports: 62F0014M19970103364Description:
From a U.K. perspective, the Boskin Report raises no new issues; it simply gives some issues greater prominence. AT the U.K.'s Office for National Statistics, as in other national statistical agencies around the world, a substantial amount of research has been conducted over a number of years into methodology associated with consumer prices indices, and this work is continuing. Our view is that the Retail Prices Index (RPI) presently remains the most accurate single measure of consumer inflation in the U.K. It is produced using the best available methodology following advice from an independent RPI advisory committee. We believe that many of the issues raised in the Boskin Report for the U.S.A. have less in the U.K. This view is also shared by a number of independent commentators. Nevertheless, along with many other countries, we are undertaking further research and analysis to investigate the issues raised.
Release date: 1997-10-02 - Articles and reports: 62F0014M19970103365Geography: CanadaDescription:
The final report of the Boskin Commission (after its chair Michael Baskin) arrived like a huge boulder dropped into a quiet pool of water. It made an enormous splash in the U.S. and the tidal waves and ripples have spread out all over the world. But eight months after the report's December 1996 publication, the centre of the pool where the boulder landed has become almost completely still. This paper presents some of the reasons why no opportunities were grasped following the publication of the report. The paper concludes that one missed opportunity is the creation of a more unified economic statistical system. Although Statistics USA is not going anywhere, there is still hope for the future.
Release date: 1997-10-02 - 124. Bias in the CPI: Experiences from Five OECD Countries ArchivedArticles and reports: 62F0014M1997010Geography: CanadaDescription:
The debate on the measurement bias in the Consumer Price Index (CPI) arising from the U.S. "Advisory Commission to Study the Consumer Price Index", better known as the Boskin report, is not new and has been around for a number of decades. However, several circumstances made the current debate special.
This publication, Bias in the CPI: experiences from five OECD countries, presents the experience and point of view of five different countries relative to the measurement bias in the CPI. While most statistical agencies recognise that their CPIs are not perfect measures of inflation, some agencies of the Organisation for Economic Co-operation and Development (OECD) countries have consistently developed research agendas designed to improve its measurement.
Release date: 1997-10-02 - Articles and reports: 62F0014M1996001Geography: CanadaDescription:
For decades, Canadians have been living in an inflationary environment. Everyone remembers that at some point in the past, consumer goods and services cost less. Even young people know that a candy bar cost less five or ten years ago than it does now. Thus the purchasing power of the Canadian dollar has gradually declined over the years.
Even though everyone knows that things cost more now than in the past, there are situations in which this seems to be forgotten. The purpose of this article is to present a situation that shows the illusion of wealth that fairly long-term inflation can foster. We begin by looking at how inflation and income tax affect a retired person's interest income for a given year. Then we look at the effects of inflation and income tax on interest income over a longer period. When taxation is not factored in, the situation is one of investing inside a registered retirement savings plan.
Release date: 1997-05-05 - 126. Review of the Literature on Core Inflation ArchivedArticles and reports: 62F0014M1997004Geography: CanadaDescription:
Over the years, the concept of core inflation has become of crucial importance for the central banks of various countries. Indeed, many of them have at some point been given the mandate to reduce inflation and achieve price stability. In Canada, this mandate was conferred on the Bank of Canada in February 1991.
Core Inflation is often perceived as the trend in the movements of consumer prices. This review of the literature illustrates that more than one definition of core inflation exists. Then, a brief description of the different suggested methods to measure core inflation, as well as some of their results, are shown. Finally, this review offers a bibliography of articles on core inflation.
Release date: 1997-05-05
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Reference (10)
Reference (10) ((10 results))
- Surveys and statistical programs – Documentation: 62F0072GDescription: The primary source of data used in post index construction are periodic retail-price and cost-of-living surveys conducted at foreign locations by the foreign service personnel stationed there. Statistics Canada analyses this survey data. In addition to a variety of price information gathered from retail outlets patronized by Canadian personnel at the post, data are also obtained regarding their spending patterns, along with information on the availability of any special local purchasing facilities, and the extent to which staff make direct importation of consumer goods from other countries. The general aim is for full-scale surveys to be carried out at about three-year intervals. However, specific studies may be undertaken more or less frequently than this, depending on the volatility of retail price conditions in each particular country, the instability of exchange rates and the extent to which close monitoring of changes in the local retail price situation being faced by Canadian personnel can be achieved through reference to other statistical indicators.Release date: 2023-12-22
- Surveys and statistical programs – Documentation: 62-553-XDescription:
This Canadian Consumer Price Index (CPI) Reference Paper provides an overview the Canadian CPI. It is intended for a varied audience, ranging from users interested in general information to those requiring more technical or theoretical details. As such, it explains all the important aspects of the Canadian CPI: uses and interpretations, scope, classifications, sample strategy, price collection, index calculation, quality change, weights, basket updates, reliability and uncertainty, special cases and treatments and history.
Release date: 2023-02-20 - Surveys and statistical programs – Documentation: 11-522-X201700014751Description:
Practically all major retailers use scanners to record the information on their transactions with clients (consumers). These data normally include the product code, a brief description, the price and the quantity sold. This is an extremely relevant data source for statistical programs such as Statistics Canada’s Consumer Price Index (CPI), one of Canada’s most important economic indicators. Using scanner data could improve the quality of the CPI by increasing the number of prices used in calculations, expanding geographic coverage and including the quantities sold, among other things, while lowering data collection costs. However, using these data presents many challenges. An examination of scanner data from a first retailer revealed a high rate of change in product identification codes over a one-year period. The effects of these changes pose challenges from a product classification and estimate quality perspective. This article focuses on the issues associated with acquiring, classifying and examining these data to assess their quality for use in the CPI.
Release date: 2016-03-24 - 4. The Consumer Price Index and You - Teacher's Kit ArchivedSurveys and statistical programs – Documentation: 62-560-XDescription:
This teacher's kit helps students understand how the Consumer Price Index (CPI) reflects price changes for the goods and services they buy.
The Custom Inflation Simulator is a Web-based resource that demonstrates how the many consumer goods and services in the 'basket' are used to calculate the CPI, and how consumption patterns differ from person to person. Using the simulator, students can also see the effect of individual price increases on overall inflation, in other words how each item in the basket is 'weighted' to reflect its importance in Canadians' consumption patterns.
Release date: 2004-10-01 - Surveys and statistical programs – Documentation: 62-014-XDescription:
The growth in the Information and Communication Technology (ICT) sector has created a need for more sector-specific economic indicators. Prices Division at Statistics Canada (STC) currently produces price indexes for several ICT goods that include computers and computer equipment or peripherals (e.g., printers and monitors). These indexes measure the price movement of ICT goods at the final or end-purchaser level (i.e., government, businesses and households) for consumption. The ICT price index series are used by economists, industry analysts and the general public to track and comprehend events and trends as they occur in this important area of the ICT sector. Within STC, the series pertaining to consumers are used in the calculation of the Consumer Price Index. In addition, several series are used by the Canadian System of National Accounts in deflating the value of gross investment by government and businesses. This reference document outlines what ICT goods price indexes are produced and their underlying data sources and methodology.
Release date: 2003-10-30 - 6. Post Indexes for Non-government Organizations ArchivedSurveys and statistical programs – Documentation: 62F0083XDescription:
These Indexes are calculated for persons who do not have special access privileges and may be used by non-government organizations. They are comparative measurements that numerically express the difference between the retail prices of a representative basket of goods and services at a foreign location with prices for a similar basket of goods and services in Ottawa. Interested users should contact Statistics Canada to ensure the use of these indexes is appropriate for their needs. Customized indexes that reflect specific circumstances can be produced.
Release date: 2003-05-01 - 7. Your Guide to the Consumer Price Index ArchivedSurveys and statistical programs – Documentation: 62-557-XDescription:
This publication was prepared for the general public interested in obtaining a brief non-technical introduction the Consumer Price Index (CPI). It poses and answers some of the more frequently asked questions relating to the construction, interpretation and use of this index.
Release date: 1998-04-01 - Notices and consultations: 62-010-X19970023422Description:
The current official time base of the Consumer Price Index (CPI) is 1986=100. This time base was first used when the CPI for June 1990 was released. Statistics Canada is about to convert all price index series to the time base 1992=100. As a result, all constant dollar series will be converted to 1992 dollars. The CPI will shift to the new time base when the CPI for January 1998 is released on February 27th, 1998.
Release date: 1997-11-17 - Surveys and statistical programs – Documentation: 2301Description: The Consumer Price Index (CPI) is an indicator of changes in consumer prices experienced by Canadians. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers.
- Surveys and statistical programs – Documentation: 7522Description: This is non-Statistics Canada information.
- Date modified: