Consumer Price Index: 2021 in review

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Release date: January 19, 2022
Infographic: Consumer Price Index: 2021 in review
Description: Consumer Price Index: 2021 in review

Canada


Table 1
Table summary
This table displays the results of Table 1. The information is grouped by Aggregate (appearing as row headers), Annual average % change (appearing as column headers).
Aggregate Annual average % change
All-items +3.4%
All-items excluding energy +2.4%

Consumer inflation rose 3.4% in 2021. Excluding energy, the CPI increased 2.4%.


Table 2
Table summary
This table displays the results of Table 2. The information is grouped by Year (appearing as row headers), Annual average % change (appearing as column headers).
Year Annual average % change
2017 +1.6%
2018 +2.3%
2019 +1.9%
2020 +0.7%
2021 +3.4%

Goods and services in 2021

In 2021, Canadians saw the highest rate of inflation since 1991 as the market grappled with the COVID-19 pandemic, supply chain disruptions, rebounding energy prices, unfavourable weather conditions and rising housing costs.


Table 3
Table summary
This table displays the results of Table 3. The information is grouped by Goods and services (appearing as row headers), Annual average % change (appearing as column headers).
Goods and services Annual average % change
Gasoline +31.2%
Passenger vehicles +5.1%
Homeowners’ replacement cost +11.4%
Mortgage interest cost -7.7%
Natural gas +16.1%
Fuel oil and other fuels +24.4%
Meat +4.3%
Fresh vegetables -2.6%
Car insurance premiums -3.4%
Telephone services -12.6%
Household furnishings and equipment +4.8%

As physical distancing measures eased throughout 2021, prices for services consumed outside the home began to recover from the lows observed in 2020.


Table 4
Table summary
This table displays the results of Table 4. The information is grouped by Services (appearing as row headers), Annual average % change (appearing as column headers).
Services Annual average % change
Food purchased from restaurants +3.1%
Personal care services +5.4%
Traveller accommodation +2.2%

Consumer inflation across Canada

Prices rose in all provinces in 2021, but consumers in Atlantic Canada felt it the most amid higher energy prices, since furnace fuel oil is commonly used in the region for home heating. As more people migrated to the region, Atlantic Canadians also saw larger increases in rent and grocery prices compared with Canada as a whole.


Table 5
Table summary
This table displays the results of Table 5. The information is grouped by Region (appearing as row headers), Above/below Canada level and Annual average % change (appearing as column headers).
Region Above/below Canada level Annual average % change
Newfoundland and Labrador Above Canada level +3.7%
Prince Edward Island Above Canada level +5.1%
Nova Scotia Above Canada level +4.1%
New Brunswick Above Canada level +3.8%
Quebec Above Canada level +3.8%
Ontario Above Canada level +3.5%
Manitoba Below Canada level +3.3%
Saskatchewan Below Canada level +2.6%
Alberta Below Canada level +3.2%
British Columbia Below Canada level +2.8%
Whitehorse, Yukon Below Canada level +3.3%
Yellowknife, Northwest Territories Below Canada level +2.2%
Iqaluit, Nunavut Below Canada level +1.4%

Source: Statistics Canada. Table 18-10-0005-01 Consumer Price Index, annual average, not seasonally adjusted.

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