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12-month change:

  1. The Consumer Price Index (CPI) rose 1.5% in the 12 months to June, matching the gain in May.
  1. Excluding gasoline, the CPI was up 1.9% year over year in June, matching the increase in May.
  1. Prices rose in all major components in the 12 months to June, with the shelter index and the household operations, furnishings and equipment index contributing the most to the year-over-year gain in consumer prices.
  1. In six provinces, consumer prices rose more in the 12 months to June than May, with Newfoundland and Labrador registering the largest acceleration. In Prince Edward Island, Quebec, Ontario and Alberta, the CPI was up less year over year in June than in the previous month.

Month-to-month change:

  1. On a seasonally adjusted monthly basis, the CPI increased 0.2% in June, matching the gain in May.
  1. On a monthly basis and before seasonal adjustment, the CPI rose 0.2% in June, following a 0.4% gain in May.

Bank of Canada’s core index:

  1. The Bank of Canada’s core index increased 2.1% in the 12 months to June, matching the rise in May.

Main contributors to the 12-month change in the CPI:

Main upward contributors:

  1. Purchase of passenger vehicles (+5.6%)
  2. Electricity (+6.9%)
  3. Homeowner’s replacement cost (+3.5%)
  4. Food purchased from restaurants (+2.6%)
  5. Air transportation (+5.1%)

Main downward contributors:

  1. Gasoline (-8.5%)
  2. Natural gas (-12.5%)
  3. Mortgage interest cost (-1.3%)
  4. Fuel oil (-13.2%)
  5. Dairy products (-2.1%)

Main contributors to the monthly change in the CPI, not seasonally adjusted:

Main upward contributors:

  1. Gasoline (+4.3%)
  2. Purchase of passenger vehicles (+0.8%)
  3. Traveller accommodation (+3.6%)
  4. Homeowner’s replacement cost (+0.9%)
  5. Air transportation (+1.6%)

Main downward contributors:

  1. Women’s clothing (-2.5%)
  2. Meat (-1.5%)
  3. Men’s clothing (-2.5%)
  4. Passenger vehicle insurance premiums (-1.0%)
  5. Footwear (-1.7%)
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