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 January will be released on February 21.

2022 annual Daily

Today, Statistics Canada released the Daily Consumer Price Index: Annual review, 2022 highlighting the annual average consumer inflation in Canada and the regions in 2022.

Upcoming enhancements to CPI-median and CPI-trim

With the release of the January 2023 Consumer Price Index on February 21, the CPI-trim and CPI-median will be revised back 84 months as per their normal revision policy. Two enhancements are also being made at this time:

  • Statistics Canada will publish, for the first time, index-level data series for CPI-trim and CPI-median to accompany the year-over-year figures published monthly since December 2016. The change is being made in response to user requests, and to provide users additional flexibility with the data.
  • The seasonal adjustment treatment of step-series indexes that are included in the calculation of the CPI-trim and CPI-median is being enhanced as part of the regular review of methodologies that ensures techniques are improved to produce the most accurate indicators as possible for users.

These enhancements have no impact on the All-items CPI, seasonally adjusted All-items CPI, or the CPI-common.

Additional details can be found in the explanatory note, Enhancements to the publication of core inflation measures based on the trimmed mean (CPI-trim) and the weighted median (CPI-median).

Upcoming enhancement: New approach to estimating the sub-indices of the digital computing equipment and devices index

The computer equipment, software and supplies index and the multipurpose digital devices index, which are sub-indices of the digital computing equipment and devices index, will be updated with an enhanced methodology and new data sources in the coming months. A technical paper describing the new approach will be available February 21.

Consumer Price Index fact check

Find the answers to the most common questions about the CPI, including how food prices are collected, how shelter costs are measured, and why revisions to the CPI-common have been larger in recent months.

The Representative Products of the Consumer Price Index

Check out the updated list of The Representative Products of the Consumer Price Index! What do you want to see on this list? Fill out our feedback form to let us know.

Podcasts

Listen to the Eh Sayers Season 2 Episode 3 podcast, to learn more about supply chains.

Listen to the Eh Sayers Season 1 Bonus Episode 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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