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1. www150.statcan.gc.ca › n1 › pubAn Analysis of the 2024 Consumer Price Index Basket Update ...

   www150.statcan.gc.ca › n1 › pub

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   Jun 18, 2024 · This paper describes the composition of the Consumer Price Index (CPI) basket and the changes introduced with the 2024 basket update, based on 2023 expenditure weights.

   • The Daily — Consumer Price Index, January 2024

     The Consumer Price Index rose 2.9% on a year-over-year basis...

   • The Daily — Consumer Price Index, July 2024 - Statistics Canada

     The Consumer Price Index rose 2.5% on a year-over-year basis...

2. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Consumer Price Index, January 2024

   www150.statcan.gc.ca › n1 › daily-quotidien

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   Feb 20, 2024 · The Consumer Price Index rose 2.9% on a year-over-year basis in January, following a 3.4% gain in December. The largest contributor to headline deceleration was lower year-over-year prices for gasoline in January ( -4 .0%) compared with December (+1.4%).

3. Videos

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     nbcnews.com

     Inflation report for May 2024 reveals how the U.S. economy is looking now

     Jun 12, 2024

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     weforum.org

     What is inflation and how does it affect consumers?

     Nov 1, 2022

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     weforum.org

     Here's how inflation is affecting consumer spending in the US

     Nov 20, 2022

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4. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Consumer Price Index, July 2024 - Statistics Canada

   www150.statcan.gc.ca › n1 › daily-quotidien

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   Aug 20, 2024 · The Consumer Price Index rose 2.5% on a year-over-year basis in July, increasing at the slowest pace since March 2021 and down from a 2.7% gain in June 2024. Deceleration in headline inflation was broad-based, stemming from lower prices for travel tours, passenger vehicles and electricity.

5. www.bankofcanada.ca › 2024 › 10Canadian Survey of Consumer Expectations—Third Quarter of 2024

   www.bankofcanada.ca › 2024 › 10

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   Oct 11, 2024 · For the third consecutive quarter, a rising share of consumers (from 17% in the fourth quarter of 2023 to 29% this quarter) expect inflation to be within the Bank of Canada’s inflation-control target range of 1%–3% over the next year . Expectations for inflation have broadly eased from last quarter.

6. www.bankofcanada.ca › publications › mprProjections - Bank of Canada

   www.bankofcanada.ca › publications › mpr

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   Oct 23, 2024 · Inflation has been revised down over the near term and is expected to remain close to 2% over the projection horizon. Consumer price index inflation in the third quarter of 2024 came in 0.2 percentage points weaker than expected. Inflation in the third quarter fell by more than expected primarily due to lower energy prices.

7. www.bankofcanada.ca › 2024 › 07Canadian Survey of Consumer Expectations—Second Quarter of 2024

   www.bankofcanada.ca › 2024 › 07

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   Jul 15, 2024 · Consumers’ perceptions of inflation are unchanged from a quarter ago, but their expectations for near-term inflation declined significantly. While both measures have improved substantially in recent quarters, they remain higher than they were before the COVID‑19 pandemic.

8. People also ask

   When will the 2024 CPI be released?

   • The May 2024 CPI, to be released on June 25, will mark the introduction of updated basket weights in the calculation of the index. The 2024 basket update using 2023 expenditures will replace the 2022 expenditures that were introduced in June 2023.

   An Analysis of the 2024 Consumer Price Index Basket Update, Based on

   www150.statcan.gc.ca/n1/pub/62f0014m/62f0014m2024004-eng.htm

   See all results for this question

   Why did gas prices fall in January 2024?

   • On a monthly basis, prices for gasoline fell in January 2024  (-0.9%) for the fifth consecutive month. Lower gas prices in Manitoba (-1 4.1%) contributed to the national decline, following a temporary suspension of the provincial gas tax.

   The Daily — Consumer Price Index, January 2024 - Statistics Canada

   www150.statcan.gc.ca/n1/daily-quotidien/240220/dq240220a-eng.htm

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   How much did food prices increase in 2023 compared to 2022?

   • On an annual average basis, prices for food purchased from stores were up 7.8% in 2023 compared with 2022. Source: Statistics Canada. Table 18-10-0005-01 - Consumer Price Index, annual average, not seasonally adjusted. The average conventional mortgage rate for a 5-year term increased from an average of 4.9% in 2022 to an average of 6.0% in 2023.

   An Analysis of the 2024 Consumer Price Index Basket Update, Based on

   www150.statcan.gc.ca/n1/pub/62f0014m/62f0014m2024004-eng.htm

   See all results for this question

   Why did electricity prices fall in July 2023?

   • Year over year, electricity prices fell 0.8% in July, following a 2.4% gain in June. This decline was mainly due to lower prices in Alberta (-3 5.5%), resulting from a base-year effect, as prices increased 28.1% month over month in July 2023 amid high summer demand.

   The Daily — Consumer Price Index, July 2024 - Statistics Canada

   www150.statcan.gc.ca/n1/daily-quotidien/240820/dq240820a-eng.htm

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   Do consumers expect inflation in the next 12 months?

   • Consumers’ perceptions of inflation are unchanged from a quarter ago, but their expectations for inflation over the next 12 months have declined significantly. Both measures have improved substantially in recent quarters, although they remain higher than they were before the COVID‑19 pandemic.

   Canadian Survey of Consumer Expectations—Second Quarter of 2024

   www.bankofcanada.ca/2024/07/canadian-survey-of-consumer-expectations-second-quarter-of-2024/

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   How much did the consumer price index rise in July?

   • Source (s): Table 18-10-0004-01. Source (s): Table 18-10-0004-01. The Consumer Price Index (CPI) rose 2.5% on a year-over-year basis in July, increasing at the slowest pace since March 2021 and down from a 2.7% gain in June 2024.

   The Daily — Consumer Price Index, July 2024 - Statistics Canada

   www150.statcan.gc.ca/n1/daily-quotidien/240820/dq240820a-eng.htm

   See all results for this question

9. www.statcan.gc.ca › consumer_price_indexesConsumer price index portal - Statistique Canada

   www.statcan.gc.ca › consumer_price_indexes

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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.