It measures price change by comparing, through time, the cost of a fixed basket of goods and services. One of the reasons b.c.
This includes the price of gas, which is increasing by three cents a litre. There’s still uncertainty as to whether the bank of canada will increase its key lending rate yet again, or leave it at the current 4.25 per cent it currently sits at after seven hikes last year.
This Is Comprised Of The 2% Guaranteed General Wage Increase And A Cola That Is Capped At 1%.
Bc stats has released the consumer price index (cpi) highlights report for february 2024, which confirms that the general wage increase for the third and last year of the 2022 agreements under the shared recovery mandate will be 3%.
The Report Finds The Average Income Rose 34 Per Cent Over The Past 30 Years, While The Average Home Price Increased 142 Per Cent.
The cpi at october 2022 = 153.8
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Consumer price index (total cpi) the consumer price index (cpi) is an indicator of changes in consumer prices experienced by canadians.
The Cpi At October 2022 = 153.8
The consumer price index (cpi) represents changes in prices as experienced by canadian consumers.