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("CPI" refers to Statistics Canada's Consumer Price Index — All-items) Federal: 17.30 April 1, 2024 For workers under federal jurisdiction only. The provincial or territorial minimum wage applies if it is higher. Expected indexation based on formula: $17.75 on April 1, 2025 Each April 1, based on Canada CPI for the previous calendar year. [5]
[19] [20] [21] Factors that contributed to increases in the price of food in Canada included the "pandemic, wildfires and changing consumer habits". The predicted overall food price increase of between 3% and 5% in 2021 was the highest "ever predicted by an annual food price report". [ 19 ]
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
Consumer inflation rose more than expected in March, boosted by gas, rents, auto insurance and other items, the government said Wednesday. More expensive car repairs and an increase in disaster ...
The Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]
Wholesale Price Index (WPI) WPI first published in 1902, and was one of the more economic indicators available to policy makers until it was replaced by most developed countries by the Consumer Price Index in the 1970s. WPI is the index that is used to measure the change in the average price level of goods traded in wholesale market.