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The Consumer Price Index
September 2007
Archived Content
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Highlights
- Owing largely to higher gasoline prices in September 2007 compared to low levels in September 2006, consumer prices rose 2.5% during the same period. This was a sharp acceleration (+0.8 percentage points) from the 1.7% increase posted in August 2007.
- Excluding gasoline, consumer prices rose by a more moderate 2.0% between September 2006 and September 2007, down from the 2.3% recorded in August 2007.
- The Bank of Canada’s core CPI rose 2.0% in September 2007 compared with the same month of the previous year. This was the lowest rate of growth in the core CPI since August 2006.
Source(s): CANSIM table number 326-0020.
