Consumer price index portal

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Consumer price index
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The Consumer Price Index (CPI) represents changes in prices as experienced by Canadian consumers. It measures price change by comparing, through time, the cost of a fixed basket of goods and services.

The goods and services in the CPI basket are divided into 8 major components: Food; Shelter; Household operations, furnishings and equipment; Clothing and footwear; Transportation; Health and personal care; Recreation, education and reading, and Alcoholic beverages, tobacco products and recreational cannabis. CPI data are published at various levels of geography including Canada, the ten provinces, Whitehorse, Yellowknife and Iqaluit, and select cities.

CPI News

Next release

The Consumer Price Index for May will be released on June 22.

Used vehicle prices

Statistics Canada has published a technical paper, "Measuring price change for used vehicles in the Canadian Consumer Price Index". The paper outlines the proposed plan for introducing used vehicle prices in the Consumer Price Index (CPI), including data and methods. 

With the introduction of the 2021 CPI basket, Statistics Canada will use administrative data to strengthen the measurement of price change for used vehicles, which will replace the current method of measuring price change by proxy. The enhancements will be incorporated into the calculation of the purchase of passenger vehicles index. 

Used vehicle prices are scheduled to be introduced with the May 2022 monthly price change (release in June 2022), with no level adjustment for historical changes in the all-items CPI. 

For additional information or to provide comments on the proposed enhancement, users may contact the Consumer Prices Division at statcan.cpddisseminationunit-dpcunitedediffusion.statcan@statcan.gc.ca.

CPI basket update in June 2022

The CPI is based on a fixed basket of goods and services designed according to international standards and methods. On June 15, 2022, updated basket weights for the goods and services used in the calculation of the CPI will be made available in table 18-10-0007-01. The new basket weight reference period will be 2021, based on the most recent national household final consumption expenditure data. Alternative data for 2021 will be used to account for pandemic-related shifts at more detailed levels of geography and within the various CPI components. 

One week later, on June 22, the May 2022 CPI will be released, based on the updated basket weights.

For general information on basket updates, consult The Canadian Consumer Price Index Reference Paper, chapter 8, "Weights and basket updates."

Planned Maintenance

The Consumer Price Index Data Visualization Tool will be temporarily unavailable from June 15 to 22, 2022, due to planned maintenance related to the updated basket.

The Representative Products of the Consumer Price Index

Check out the list of representative products included in the CPI! What do you want to see on this list? Fill out our feedback form to let us know.

Podcasts 

Listen to the Eh Sayers podcast, to learn more about supply chains.

Listen to the Eh Sayers podcast, to learn more about inflation.

Personal Inflation Calculator

Personal Inflation Calculator

This Personal Inflation Calculator is an interactive tool that allows you to estimate your personal inflation rate based on your household expenses.

Consumer Price Index Data Visualization Tool

Consumer Price Index Data Visualization Tool

The Consumer Price Index Data Visualization Tool is an interactive dashboard that provides access to current and historical Consumer Price Index (CPI) data in a dynamic and customizable format.

An overview of Canada's Consumer Price Index (CPI)

An Overview of Canada's CPI - thumbnail

The video "An overview of Canada's Consumer Price Index" provides an overview of the Consumer Price Index (CPI). It defines the CPI and looks at what it measures and how it is used.

The Consumer Price Index (CPI) and Your Experience of Price Change

The Consumer Price Index (CPI) and Your Experience of Price Change - thumbnail

The video "The Consumer Price Index (CPI) and Your Experience of Price Change" explains how and why the price change reported by the Consumer Price Index (CPI) may vary from the prices Canadians see on the shelves. It tells the story of Joe and Izzy, and how they each perceive price change as compared with the CPI.

Statistics Canada Training Institute – Consumer Price Index

Statistics Canada Training Institute – Consumer Price Index

The online lecture "Canada Training Institute – Consumer Price Index" provides an introduction to Statistics Canada's definition and production of the Consumer Price Index, which measures the rate at which prices of goods and services purchased by Canadian consumers change, on average, over a specified period of time.

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