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HomeNewsBC's Consumer Price Index rises 2.0% in June

BC’s Consumer Price Index rises 2.0% in June

BC’s Consumer Price Index rose 2.0% in June according to Stats Canada.

Canada’s inflation rate held steady at 1.5% last month.

Food prices in the province also spiked 1.7% on a year-over-year basis after posting a 2.5% gain in May.

That is the lowest increase in that category since August of 2014.

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BC also outgained the country in another section according to Analyst, Michel Sekimonyo.

“The shelter index was up 1.7% year-over-year in BC compared with a 1.1% increase in May where at the national level the shelter index went from 1.4% in May to a 1.6 gain in June.”

Meat prices in BC also went down a paltry 0.1% which is lower than the national rate of 0.3%.

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