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12-month change:

1. The Consumer Price Index (CPI) rose 1.4% in the 12 months to February, after increasing 2.0% in January.

1. Excluding gasoline, the CPI rose 1.9% year over year in February, following a 2.0% increase the previous month.

1. Gasoline prices were down 13.1% year over year in February, contributing the most to the overall deceleration in consumer prices. The gasoline index had increased 2.1% on a year-over-year basis in January. On a monthly basis, gasoline prices were down 6.9% in February 2016, while they had increased 9.4% in February 2015.

1. Prices rose in six of the eight major components on a year-over-year basis in February, with the food and shelter indexes contributing the most to the rise in the CPI. The transportation index, which includes gasoline, and the clothing and footwear index declined on a year-over-year basis in February.

1. In all provinces, consumer prices rose less on a year-over-year basis in February than in January. Canada-wide, this deceleration was led by the gasoline index. New Brunswick posted the largest year-over-year gain in consumer prices.

Month-to-month change:

1. On a seasonally adjusted monthly basis, the CPI decreased 0.2% in February, following a 0.2% increase in January.

1. On a monthly basis and before seasonal adjustment, the CPI rose 0.2% in February, matching the increase in January.

Bank of Canada’s core index:

1. The Bank of Canada’s core index increased 1.9% in the 12 months to February, after rising 2.0% in January.