CONSUMER PRICE INDEX REPORT NOVEMBER 2017 M A N I T O B A B U R E A U O F S T A T I S T I C S RIGHT ANSWERS RIGHT NOW December 21, 2017
CONTENTS SUMMARY CHART 1 - ANNUAL INFLATION RATE: MANITOBA AND CANADA CHART 2 - CONSUMER PRICE INDICES, ALL ITEMS: CANADA AND PROVINCES CHART 3 - CONSUMER PRICE INDICES, MAJOR COMPONENTS: MANITOBA TABLE 1 - CONSUMER PRICE INDICES: MANITOBA AND CANADA TABLE 2 - CONSUMER PRICE INDICES: PROVINCES TABLE 3 - PERCENT CHANGE COMPARISONS: MANITOBA AND CANADA TABLE 4 - CONSUMER PRICE INDICES: CITIES
CONSUMER PRICE INDEX NOVEMBER 2017 PERCENT CHANGE ALL-ITEMS INDEX NOVEMBER 17/NOVEMBER 16 NOVEMBER 17/OCTOBER 17 MANITOBA 3.2 0.5 CANADA 2.1 0.3 The Manitoba all-items index rose 3.2% in November 2017 compared with November 2016, up from the October annual rate of 1.5%. Canada's annual rate of price increase in November was 2.1%, up from its October rate of 1.4%. Chart 1 presents a summary of price changes for Manitoba and Canada over the last two years. The method of calculation shown in Chart 1 is the most widely used, and is often referred to by the media as the "inflation rate". It is based on the percent change between the current month and the same month the previous year. Chart 2 shows that Manitoba's annual inflation rate of 3.2% in November had the second highest rate among the provinces. Saskatchewan recorded the highest increase at 3.7%, while Quebec recorded the lowest rate at 1.7%. As seen in table 4, the Winnipeg all-items increase was 3.1% in November, up from an annual rate of 1.5% recorded in October. Between November 2016 and November 2017, Manitoba saw lower prices for women's clothing (-4.4%), telephone services (-2.4%), personal care supplies and equipment (-3.7%), natural gas (-5.0%), as well as household appliances (-4.5%). These declines were offset by higher prices for gasoline (+24.1%), the purchase and leasing of passenger vehicles (+4.3%), homeowners' replacement cost (+4.3%), property taxes and other special charges (+4.1%), and inter-city transportation (+9.8%). On a monthly basis (as shown above), the Manitoba all-items index was 0.5% higher in November following a 0.4% increase in October. Items recording lower prices last month included personal care supplies and equipment (-6.0%), telephone services (-1.5%), footwear (-3.0%), traveller accommodation (-3.5%), as well as women's clothing (-1.7%). These declines were offset by increases in gasoline (+9.3%), the purchase and leasing of passenger vehicles (+1.5%), fresh vegetables (+5.2%), fresh or frozen beef (+10.3%), and travel tours. As shown in table 1, nationally the all-items index rose 0.3%. This follows a 0.1% increase recorded one month earlier.
CHART 1. CONSUMER PRICE INDEX ANNUAL INFLATION RATE * MANITOBA AND CANADA 3.5 PERCENT CHANGE MANITOBA 3.0 CANADA 2.5 2.0 1.5 1.0 0.5 0.0 NOV 15 MAY 15 NOV 16 MAY 16 NOV 17 * Percent change from same month last year DATA SOURCE: STATISTICS CANADA MANITOBA BUREAU OF STATISTICS December 21, 2017
PERCENT CHANGE CHART 2. CONSUMER PRICE INDICES PERCENT CHANGE FROM NOV 16 TO NOV 17 ALL ITEMS: CANADA AND PROVINCES 4.0 3.7 3.2 3.0 2.0 1.7 1.8 1.9 2.0 2.1 2.2 2.5 2.6 2.7 1.0 0.0 QUE N.S. ONT NFLD CAN P.E.I. ALTA B.C. N.B. MAN SASK 8.0 PERCENT CHANGE CHART 3. CONSUMER PRICE INDICES PERCENT CHANGE FROM NOV 16 TO NOV 17 MAJOR COMPONENTS: MANITOBA 7.0 6.0 4.0 2.0 1.0 1.2 2.3 2.8 2.8 3.2 3.5 0.0-2.0-1.7-4.0 CLOTHING HEALTH HOUSE HOLD OPER REC EDUC & RDG SHELTER ALCOHOL & TOBACCO ALL ITEMS FOOD TRANSPORTATION DATA SOURCE: STATISTICS CANADA MANITOBA BUREAU OF STATISTICS December 21, 2017
TABLE 1: CONSUMER PRICE INDICES FOR NOVEMBER 2017 (2002 = 100) MANITOBA CANADA PERCENT PERCENT PERCENT PERCENT NOV 17 OCT 17 CHANGE NOV 16 CHANGE NOV 17 OCT 17 CHANGE NOV 16 CHANGE MAIN COMPONENTS: ALL ITEMS 132.0 131.4 0.5 127.9 3.2 131.3 130.9 0.3 128.6 2.1 FOOD 143.0 142.4 0.4 138.2 3.5 142.9 141.7 0.8 140.6 1.6 SHELTER 146.2 146.0 0.1 142.2 2.8 138.9 138.6 0.2 137.2 1.2 HOUSEHOLD OPERATIONS 121.0 120.7 0.2 119.6 1.2 122.7 122.3 0.3 121.6 0.9 AND FURNISHINGS CLOTHING AND FOOTWEAR 92.9 94.4-1.6 94.5-1.7 95.3 96.0-0.7 95.5-0.2 TRANSPORTATION 133.4 130.8 2.0 124.7 7.0 135.7 133.5 1.6 128.1 5.9 HEALTH AND PERSONAL 117.0 118.6-1.3 115.8 1.0 124.2 125.3-0.9 122.9 1.1 CARE RECREATION, EDUCATION 112.7 112.4 0.3 110.2 2.3 113.0 114.1-1.0 111.1 1.7 AND READING TOBACCO AND ALCOHOL 181.9 180.5 0.8 176.9 2.8 162.5 162.4 0.1 158.0 2.8 SPECIAL AGGREGATES: ALL ITEMS EXCL. FOOD 129.8 129.2 0.5 125.9 3.1 129.1 128.7 0.3 126.2 2.3 ALL ITEMS EXCL. FOOD 127.9 127.8 0.1 125.0 2.3 126.2 126.2 0.0 124.0 1.8 AND ENERGY ENERGY 146.6 140.1 4.6 130.5 12.3 157.9 151.7 4.1 146.8 7.6 GOODS 119.7 118.6 0.9 115.3 3.8 119.9 118.8 0.9 117.6 2.0 SERVICES 145.9 145.8 0.1 142.2 2.6 142.8 143.0-0.1 139.6 2.3 DATA SOURCE: STATISTICS CANADA MANITOBA BUREAU OF STATISTICS December 21, 2017
TABLE 2: CONSUMER PRICE INDICES FOR NOVEMBER 2017 (2002 = 100) ALL ITEMS FOOD PERCENT PERCENT PERCENT PERCENT NOV 17 OCT 17 CHANGE NOV 16 CHANGE NOV 17 OCT 17 CHANGE NOV 16 CHANGE MANITOBA 132.0 131.4 0.5 127.9 3.2 143.0 142.4 0.4 138.2 3.5 WESTERN PROVINCES SASKATCHEWAN 136.6 135.4 0.9 131.7 3.7 147.2 146.5 0.5 141.2 4.2 ALBERTA 138.4 137.6 0.6 135.0 2.5 142.6 141.3 0.9 139.3 2.4 BRITISH COLUMBIA 125.9 125.6 0.2 122.7 2.6 137.8 137.5 0.2 135.0 2.1 EASTERN PROVINCES ONTARIO 132.7 132.3 0.3 130.2 1.9 143.3 142.0 0.9 141.6 1.2 QUEBEC 127.7 127.2 0.4 125.6 1.7 143.7 142.2 1.1 141.8 1.3 MARITIME PROVINCES NEW BRUNSWICK 132.4 131.4 0.8 128.9 2.7 148.5 147.9 0.4 148.2 0.2 NOVA SCOTIA 133.2 132.8 0.3 130.9 1.8 148.1 147.8 0.2 147.8 0.2 PRINCE EDWARD ISLAND 134.7 133.5 0.9 131.8 2.2 147.7 146.4 0.9 146.8 0.6 NEWFOUNDLAND/LABRADOR 136.7 136.1 0.4 134.0 2.0 144.3 144.5-0.1 143.9 0.3 * MANITOBA RANK 6 9 4 t 9 DATA SOURCE: STATISTICS CANADA MANITOBA BUREAU OF STATISTICS * Ranking is done in ascending order from the lowest to the highest December 21, 2017
TABLE 3: PERCENT CHANGE COMPARISONS, MANITOBA AND CANADA (AS OF NOVEMBER 2017) (1) (2) CHANGE FROM COMPOUNDED ANNUAL SAME MONTH LAST YEAR RATE OF CHANGE (3) 12 - MONTH ANNUAL RATE MAIN COMPONENTS MANITOBA CANADA MANITOBA CANADA MANITOBA CANADA ALL ITEMS 3.2 2.1 5.0 2.5 1.5 1.6 FOOD 3.5 1.6-3.8-1.9-0.6-0.2 SHELTER 2.8 1.2 4.5 2.6 2.6 1.7 HOUSEHOLD OPERATIONS 1.2 0.9-2.6 2.7 0.5 0.4 AND FURNISHINGS CLOTHING AND FOOTWEAR -1.7-0.2 10.1 9.3-1.3-0.8 TRANSPORTATION 7.0 5.9 18.7 12.4 2.9 3.7 HEALTH AND PERSONAL 1.0 1.1-1.7-2.5 1.3 1.7 CARE RECREATION, EDUCATION 2.3 1.7 6.7-7.7 1.6 2.5 AND READING TOBACCO AND ALCOHOL 2.8 2.8 0.4 1.2 2.2 2.7 SPECIAL AGGREGATES: ALL ITEMS EXCL. FOOD 3.1 2.3 7.1 3.5 1.9 1.9 ALL ITEMS EXCL. FOOD 2.3 1.8 3.8 1.9 1.8 1.6 AND ENERGY ENERGY 12.3 7.6 45.9 21.5 3.1 5.3 GOODS 3.8 2.0 8.4 5.2 0.4 0.8 SERVICES 2.6 2.3 1.9 0.3 2.6 2.2 DATA SOURCE: STATISTICS CANADA MANITOBA BUREAU OF STATISTICS December 21, 2017 NOTE: THERE ARE SEVERAL WAYS TO MEASURE THE ANNUAL PERCENT CHANGE OF THE CONSUMER PRICE INDEX, COMMONLY REFERRED TO AS THE INFLATION RATE. THE ABOVE TABLE PRESENTS THREE DIFFERENT METHODS: (1) THE MOST COMMONLY USED METHOD OF REPORTING THE INFLATION RATE, BASED ON PERCENT CHANGE FROM THE SAME MONTH ONE YEAR AGO. (2) PROVIDES A MEASURE OF THE CURRENT ANNUAL RATE OF INFLATION. THE GROWTH RATE OVER THE PRECEEDING THREE MONTHS IS CALCULATED AND THEN COMPOUNDED AT AN ANNUAL RATE. IT SHOULD BE NOTED THAT THESE CALCULATIONS HAVE NOT BEEN SEASONALLY-ADJUSTED. (3) COMPARES THE AVERAGE OF THE 12 MONTHS ENDING THIS MONTH WITH THE AVERAGE OF THE 12 MONTHS ENDING ONE YEAR EARLIER.
TABLE 4: CONSUMER PRICE INDICES FOR NOVEMBER 2017: ALL ITEMS (2002 = 100) (1) (2) PERCENT CHANGE FROM 12 - MONTH NOV 17 OCT 17 CHANGE SAME MONTH LAST YEAR ANNUAL RATE WINNIPEG 131.7 131.1 0.5 3.1 1.5 WESTERN CITIES REGINA 137.6 136.3 1.0 3.9 1.5 SASKATOON 137.3 136.1 0.9 3.9 1.5 CALGARY 138.9 138.2 0.5 2.6 1.5 EDMONTON 138.5 137.5 0.7 2.7 1.5 VANCOUVER 128.4 128.4 0.0 3.0 2.1 VICTORIA 123.4 123.3 0.1 2.1 2.0 EASTERN CITIES THUNDER BAY 126.2 126.1 0.1 1.4 1.3 TORONTO 134.6 134.3 0.2 2.2 2.1 OTTAWA 130.7 130.3 0.3 1.9 1.4 MONTREAL 128.1 127.7 0.3 1.7 1.0 QUEBEC 127.4 127.1 0.2 1.4 1.0 MARITIME CITIES SAINT JOHN, N.B. 132.3 131.3 0.8 2.7 2.3 HALIFAX 132.0 131.6 0.3 1.7 1.1 CHARLOTTETOWN 134.1 132.8 1.0 2.2 1.6 ST. JOHN'S, NFLD 136.2 135.7 0.4 1.8 2.6 * WINNIPEG RANK 10 t 14 6 t (OUT OF 16 CITIES) DATA SOURCE: STATISTICS CANADA MANITOBA BUREAU OF STATISTICS * Ranking is done in ascending order from the lowest to the highest December 21, 2017 NOTE: THERE ARE SEVERAL WAYS TO MEASURE THE ANNUAL PERCENT CHANGE OF THE CONSUMER PRICE INDEX, COMMONLY REFERRED TO AS THE INFLATION RATE. THE ABOVE TABLE PRESENTS TWO DIFFERENT METHODS: (1) THE MOST COMMONLY USED METHOD OF REPORTING THE INFLATION RATE, BASED ON PERCENT CHANGE FROM THE SAME MONTH ONE YEAR AGO. (2) COMPARES THE AVERAGE OF THE 12 MONTHS ENDING THIS MONTH WITH THE AVERAGE OF THE 12 MONTHS ENDING ONE YEAR EARLIER.