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12-month change:
- The Consumer Price Index (CPI) rose 2.0% in the 12 months to September, after increasing 2.1% in August.
- Prices increased in all major components in the 12 months to September. Higher prices for shelter and food contributed most to the rise in the CPI, while the transportation index posted the smallest increase.
- Consumer prices rose in all provinces in the 12 months to September, with Ontario and Alberta posting the largest increases.
Month-to-month change:
- On a seasonally adjusted monthly basis, the CPI increased 0.2% in September, after rising 0.1% in August.
- On a monthly basis and before seasonal adjustment, the CPI increased 0.1% in September, after posting no change in August.
Bank of Canada’s Core Index:
- The Bank of Canada’s core index rose 2.1% in the 12 months to September, matching the increase in August.
Main contributors to the 12-month change in the CPI:
Main upward contributors:
- Meat (+11.5%)
- Telephone services (+7.6%)
- Natural gas (+16.2%)
- Cigarettes (+11.4%)
- Homeowners' home and mortgage insurance (+8.8%)
Main downward contributors:
- Furniture (-4.1%)
- Digital computing equipment and devices (-5.9%)
- Gasoline (-0.5%)
- Video equipment (-7.4%)
- Travel tours (-1.9%)
Main contributors to the monthly change in the CPI, not seasonally adjusted:
Main upward contributors:
- Clothing (+5.5%)
- Tuition fees (+3.2%)
- Meat (+1.5%)
- Footwear (+1.5%)
- Reading material and other printed matter (excluding textbooks) (+4.2%)
Main downward contributors:
- Purchase of passenger vehicles (-1.3%)
- Traveller accommodation (-4.5%)
- Fresh vegetables (-5.0%)
- Gasoline (-0.8%)
- Bakery products (-2.2%)
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