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Statistics Canada says the Consumer Price Index rose 4.4 per cent in September versus the year before.
Since 1996 the United Kingdom has also tracked a Consumer Price Index (CPI) figure, and in December 2003 its inflation target was changed to one based on the CPI [39] normally set at 2%. [40] Both the CPI and the RPI are published monthly by the Office for National Statistics. Some rates are linked to the CPI, others to the RPI.
Events listed on the economic calendar are released at different intervals, depending on the nature of the event. Events usually occur weekly, monthly and quarterly (i.e. every three months). The frequency of the event also varies with each country and region. As a general rule, most events occur monthly.
The updated basket weights represent consumer spending patterns in 2020, during the coronavirus pandemic, and will be incorporated into June 2021 CPI, Statistics Canada said.
It takes hundreds of people at Statistics Canada to compile CPI each month. This is how CPI is calculated. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...
Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation), inverted yield curve, [1] consumer leverage ratio, industrial production, bankruptcies, gross domestic product ...
Each September 1 (started in 2023), based on the changes in the Yellowknife CPI and in the average hourly wage in the Northwest Territories as measured by Statistics Canada for the previous calendar year. [18] Nova Scotia: 15.20 April 1, 2024 To be increased to $15.70 on April 1, 2025 and $16.50 on October 1, 2025 [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 ...