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12-month change:

  1. The Consumer Price Index (CPI) rose 1.1% in the 12 months to September, matching the increase in August.
  2. Seven of the eight major components posted year-over-year increases in September. Higher shelter costs led the rise in the CPI. Year-over-year price increases for food and transportation were also contributing factors. The health and personal care index was the only major component to decline in September compared with the same month a year ago.
  3. Consumer prices rose in nine provinces in the 12 months to September. Manitoba recorded the largest increase while British Columbia was the only province to post no change on a year-over-year basis in September.

Month-to-month change:

  1. On a seasonally adjusted monthly basis, the CPI rose 0.2% in September, following a 0.1% increase in August.
  2. On a monthly basis and before seasonal adjustment, the CPI rose 0.2% in September, after posting no change in August.

Bank of Canada’s Core Index:

  1. The Bank of Canada’s core index rose 1.3% in the 12 months to September, matching the increase in August.

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

Main upward contributors:

  1. Natural gas (+12.6%)
  2. Rent (+1.6%)
  3. Property taxes (+2.8%)
  4. Purchase of passenger vehicles (+1.4%)
  5. Homeowners’ replacement cost (+1.9%)

Main downward contributors:

  1. Mortgage interest cost (-3.0%)
  2. Gasoline (-0.3%)
  3. Prescribed medicines (-4.2%)
  4. Tools and other household equipment (-2.9%)
  5. Video equipment (-6.6%)

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

Main upward contributors:

  1. Women’s clothing (+4.8%)
  2. Purchase of passenger vehicles (+1.0%)
  3. Tuition fees (+3.1%)
  4. Footwear (+2.1%)
  5. Natural gas (+1.3%)

Main downward contributors:

  1. Traveller accommodation (-3.2%)
  2. Fresh fruit (-3.7%)
  3. Fresh vegetables (-3.3%)
  4. Travel tours (-2.7%)
  5. Air transportation (-2.0%)
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