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.
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.
The Consumer Price Index for October will be released on November 20.
E-commerce and the Consumer Price Index: Measuring Inflation in a Digital Economy
The rise of the digital economy presents new challenges to the measurement of price change, driven by the increasing popularity of online shopping and the availability of new consumer goods and services. Consumption patterns as well as the behaviour of online prices, compared to those collected in-store, must be considered in the context of consumer price inflation.
A new analytical article explores the impact of e-commerce on the monthly Consumer Price Index (CPI) and discusses how price collection and methods are evolving in the context of an increasingly digitalized retail landscape.
This article is available in the Prices Analytical Series (Catalogue number 62F0014M).
An overview of Canada's Consumer Price Index (CPI)
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 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
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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