Canadian consumer prices rise in January
Posted on: Friday, 20 February 2009, 07:12 CST
Canada's consumer price index rose 1.1 percent in the 12 months to January, kept partially in check by lower gasoline prices, Statistics Canada said Friday.
The gain follows a 1.2 percent increase in December and the federal agency said the rate of change has been slowing since September.
Gasoline prices in January 2009 were 23.5 percent below the level in the same month in 2008,
StatsCan said, adding overall energy prices fell 10.9 percent in January.
Food prices, particularly bakery, cereal and fresh vegetables, were up 7.3 percent during the same time span.
The second largest contributor to the increase was the cost of shelter, which was up 3.3. percent, based largely on higher mortgage interest costs and natural gas prices, the report said.
Regionally, Quebec maintained the lowest rate of growth in consumer prices with a 0.5 percent increase, while consumer prices escalated highest in Saskatchewan, at 2.4 percent, the agency said.
Source: United Press International
Related Articles
- ATA Truck Tonnage Index Rose 3.0 Percent In January
- Nearly 80 Percent of U.S. Adult Online Consumers Made Internet Purchase in Previous Six Months, According to Nielsen Online
- PG&E Electric Rates to Drop 1.1 Percent on January 1
- North Carolina Propane Dealers Enjoy 25 Percent Price Drop
- U.S. Jobless Rate Down to 4.7 Percent in January
- China Focus: China Vows to Reduce Reliance on Oil Amid Soaring Prices and Increasing Import
- Roanoke Gas Files With SCC for 3 Percent Price Reduction
- Disposable Income of Beijing Residents Up 12.6 Percent in January- August
- Indonesia's Crude Oil Price to Increase: Official
- Retail Sales Dip 0.3 Percent in January
 |
 |
User Comments (0)
RSS Feeds