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2012

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Canada Inflation Steady at 1.2% in October 2012: CPI and Core Index Breakdown

In October 2012, Canada’s Consumer Price Index (CPI) rose 1.2% year-over-year for the third consecutive month, indicating steady inflation. According to Statistics Canada, slower energy price growth helped stabilize inflation, while increases in food from stores, property taxes, and air travel pushed prices upward. The Bank of Canada’s core index also remained consistent, rising 1.3% annually. This report breaks down detailed CPI data by category—including shelter, household operations, clothing, and transportation—and highlights trends in energy and gasoline. Though historical, the insights remain valuable for understanding Canadian cost-of-living trends over time.

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