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2021 CPI and Inflation Rates for Ontario. This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Ontario in 2021. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada. Get notified once a month.
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.
Jan 19, 2022 · The Consumer Price Index rose 3.4% on an annual average basis in 2021, the fastest pace since 1991 (+5.6%), following an increase of 0.7% in 2020. Excluding energy, the annual average CPI rose 2.4% in 2021, a faster pace than in 2020 (+1.3%) and a slightly faster pace than in 2019 (+2.3%).
Consumer Price Index, October 2021. The Consumer Price Index (CPI) rose 4.7% on a year-over-year basis in October, up from a 4.4% increase in September. This was the largest gain since February 2003. Excluding energy, the CPI rose 3.3% year over year, matching the increase in September.
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Ontario consumer price index. The Consumer Price Index measures changes in the cost of selected food items over time like: * food purchased from stores * fresh or frozen beef * fresh or frozen pork * fresh or frozen chicken * dairy products and eggs * bakery products * fresh fruit * fresh vegetables * food purchased from restaurants.
Jan 19, 2022 · The Consumer Price Index ( CPI) rose 4.8% on a year-over-year basis in December, up from a 4.7% gain in November. Headline CPI grew at a faster pace compared with November, due in part to higher prices for food (+5.2%), passenger vehicles (+7.2%) and homeowners' home and mortgage insurance (+9.3%).
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Ontario Cost of Living Index. Is Ontario an expensive place to live? The cost of living index is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. Ontario is ranked. 4/12 provinces in Canada. Compared to National Average. Below Average. Average. Above Average. 0. + 4%