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62-001-XIB
Consumer Price Index
December
2006

User information


Symbols

The following standard symbols are used in Statistics Canada publications:

  . not available for any reference period
  .. not available for a specific reference period
  ... not applicable
  0 true zero or a value rounded to zero
  0s value rounded to 0 (zero) where there is a meaningful distinction between true zero and the value that was rounded
  p preliminary
  r revised
  x suppressed to meet the confidentiality requirements of the
Statistics Act
  E use with caution
  F too unreliable to be published

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Note on CANSIM

Most of the data published in The Consumer Price Index (Catalogue 62-001-XPB) is also available in machine readable form through CANSIM (Canadian Socio-Economic Information Management System). In general, CANSIM provides a longer historical series.

Data that appears in this publication are also available electronically in our CANSIM database through the Internet tables 326-0001, 326-0004, 326-0009, 326-0010 and 326-0012 at a cost of $3.00 per series.

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Additional Information and Related Publications

Detailed information on the methodology and concepts of the CPI is contained in The Consumer Price Index Reference Paper, Updating Based on 1992 Expenditures, (Occasional), Catalogue no. 62-553. Information regarding the Survey of Household Spending is contained in two volumes: Family Food Expenditure in Canada, 2001, Catalogue no. 62-554, and Spending Patterns in Canada, 2001, Catalogue no. 62-202.

A brief non-technical document entitled "Your Guide to the Consumer Price Index" (Occasional) Catalogue no. 62-557-XPB is available on request from the information unit (613-951-9606) or on the Statistics Canada Internet Site . It answers the frequently asked questions about the construction and use of the CPI. For further information, contact the Consumer Prices Section, Prices Division, Statistics Canada, Ottawa, Ontario K1A 0T6.

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Consumer Price Index: A Preview of the Upcoming Basket Update

Statistics Canada has announced a major update of the Consumer Price Index to reflect changes in the spending patterns of Canadian households.

The update, which occurs periodically, is designed to ensure the CPI’s reliability for three key purposes: a measure of inflation; a statistical series deflator; and a tool for indexing various payments and transfers.

The update will take effect on June 19, 2007 when data for the reference period of May 2007 are released in The Daily.

It will include two major changes: the weights of various items in the basket of goods and services used to calculate the index will be updated from 2001 to 2005; and the CPI base year (the period for which the value 100 is assigned to the index) will change from 1992 to 2002.

In addition, changing base periods requires the creation of new tables in CANSIM, Statistics Canada’s database. The existing series will be discontinued. The new tables and identifiers will be announced in the spring of 2007 and will be available on June 19, 2007.

Also, the content and format of two publications will be reviewed and updated: Your Guide to the Consumer Price Index (62-557) and Consumer Price Index (62-001-XIB). An update of the Consumer Price Index Reference Paper is planned at a later date.

Although the CPI base year will change from 1992 to 2002, the base period 1992=100 will still be retained for the All-items index. The Consumer Price Index with base period 1986=100 will be discontinued.

In the case of the 1986=100 series, a conversion factor will be available to users on request. When changes occur in the base year, they will be synchronized with changes in the Canadian System of National Accounts.

Users should note that the changeover to the base year 2002=100 will in no way alter rates of changes measured for previous periods, barring rounding.

The weights for the various components of the basket of goods and services are being updated on the basis of the most recent Survey of Household Spending (SHS). The update ensures that the CPI reflects any changes in the consumption patterns of Canadians.

Between January 2003 and mid-2007, the weights were based on 2001 consumption patterns. The new basket will be based on patterns captured by the 2005 SHS.

A special effort has been made to ensure that information technology products are reflected as accurately as possible in the CPI, particularly since they have evolved at a dizzying pace in recent years.

The “rental of videotapes and videodiscs” index will be expanded to include the rental of video games for consoles.

The “photographic equipment” and “photographic services and supplies” categories will be redefined to provide a clearer distinction between the goods component and the services component. After the update, the new categories will be “photographic equipment and supplies” and “photographic services.”

The “audio discs and tapes” purchase and the “video tapes and videodiscs” purchase indexes will be replaced with a single index covering the purchase of both audio and video media.

Though unpublished, structures under the “video equipment” and “audio equipment” headings will be updated to include new electronic products.

A special effort has also been made to reflect recent new trends in health care. Two new indexes will be published: one for ophthalmological goods, and another for ophthalmological services.

A final, less important change was dictated by the elimination of detail in the SHS. Detailed indexes for “cooking utensils” and “tableware and flatware” will be discontinued. Now, only the “kitchen utensils, tableware and flatware” aggregate will be published.

Two new special aggregates will be computed and disseminated:

CPI All-items less gasoline
CPI All-items less housing, insurance and financial services

For more information, contact Client Services (toll-free 1-866-230-2248; 613-951-9606; fax 613-951-1539; prices-prix@statcan.ca), Prices Division.

For more information, contact Client Services
(toll-free 1-866-230-2248; 613-951-9606;
fax 613-951-1539; (Internet: prices-prix@statcan.gc.ca)

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Acknowledgements

This publication was prepared under the direction of:

  • George Beelen, Director, Prices Division
  • Tarek M. Harchaoui, Assistant Director, Consumer Prices Indexes and Research
  • Ron Morency, Chief, Consumer Price Section

The feature articles are prepared under the direction of:

  • George Beelen Director, Prices Division
  • Tarek M. Harchaoui, Assistant Director, Consumer Prices Indexes and Research

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Standards of service to the public

Statistics Canada is committed to serving its clients in a prompt, reliable, courteous, and fair manner. To this end, the Agency has developed standards of service that its employees observe in serving its clients. To obtain a copy of these service standards, please contact us. The service standards are also published on ../01006/www.statcan.ca under About us > Providing services to Canadians.

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Copyright

All rights reserved

Published by authority of the Minister responsible for Statistics Canada

© Minister of Industry, 2006

All rights reserved. The content of this electronic publication may be reproduced, in whole or in part, and by any means, without further permission from Statistics Canada, subject to the following conditions: that it be done solely for the purposes of private study, research, criticism, review or newspaper summary, and/or for non-commercial purposes; and that Statistics Canada be fully acknowledged as follows: Source (or “Adapted from”, if appropriate): Statistics Canada, year of publication, name of product, catalogue number, volume and issue numbers, reference period and page(s). Otherwise, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form, by any means—electronic, mechanical or photocopy—or for any purposes without prior written permission of Licensing Services, Client Services Division, Statistics Canada, Ottawa, Ontario, Canada K1A 0T6.

Catalogue no. 62-001-XIB, Vol. 85 no. 12

Frequency: Monthly

ISSN 1496-2225

Ottawa



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