Account Login/Registration

Access KamloopsBCNow using your Facebook account, or by entering your information below.


Facebook


OR


Register

Privacy Policy

B.C. Saw the Largest Consumer Price Gains in Canada for 2015

Canadians have seen prices go up in 2015, with British Columbia taking the most heat.

The Consumer Price Index (CPI), which measures the price level of consumer goods and services purchased by households, rose 1.6 per cent in 2015.

<who> Photo Credit: Statistics Canada </who> Consumer prices increase in all major components according to Stats Canada.

While prices were up on all major components on the CPI, food and shelter contributed the most to the rise.

December 2015 saw food prices soar, with shoppers paying 3.7 per cent more for food in December, compared with the same month the year before. The increase is mainly being blamed on the price of fresh fruit and vegetables, which sored in December 2015.

While all Canadian provinces saw consumer prices rise, British Columbia saw the biggest gain.

Canadians may have paid more for food, but one thing they were paying less for was gas. On an annual basis, drivers paid 16.5 per cent less for gas than they did the previous year, making 2015 the largest decrease in the gas index since 2009.

In what might come as a surprise to some, the price of women’s clothing was down in December 2015, as opposed the same month the previous year.

The only province to register an overall CPI average annual decrease in 2015 was Prince Edward Island.



Weather
webcam icon

weather-icon
Fri
13℃

weather-icon
Sat
13℃

weather-icon
Sun
17℃

weather-icon
Mon
18℃

weather-icon
Tue
20℃

weather-icon
Wed
13℃
current feed webcam icon

Top Stories

Follow Us

Follow us on Instagram Follow us on Twitter Like us on Facebook Follow us on Linkedin
Follow Our Newsletter
Privacy Policy