Consumer Price Index Commentary, 2011
Next due: May 2012
Consumer Inflation was 3.4% in 2011
Consumers in Newfoundland and Labrador paid 3.4% more for goods and services in 2011 than in 2010.
Prices increased in most major component categories. Notable increases were recorded in shelter; transportation; food; and alcoholic beverages and tobacco. Both shelter and transportation were impacted by higher energy prices. The transportation index was impacted by higher gasoline prices and the shelter index was impacted by higher home heating prices.
The all items excluding energy index increased 2.0% in 2011.
Nationally, inflation was lower than in the province, with CPI growth of 2.9% in 2011.
More information on the Bank of Canada and its monitoring of inflation.
More on the Consumer Price Index and to access the Inflation Calculator
Statistical Reference: For the latest in consumer price index statistics visit the Newfoundland & Labrador Statistics Agency site and check the release dates on the Statistics Canada site.