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The Consumer Price Index (CPI) is an indicator of the changes in consumer prices experienced by the target population (in this case, Alberta residents).
Definition:
Consumer Price Index (CPI)
All Items Consumer Price Index Information
The CPI measures price change by comparing, through time, the cost of a fixed basket of commodities. The eight major components of the Consumer Price Index (CPI) basket are:
· 'food'
· 'shelter'
· 'household operations and furnishings'
· 'clothing and footwear'
· 'transportation'
· 'health and personal care'
· 'recreation, education and reading'
· 'alcoholic beverages and tobacco products'
(Statistical and explanatory information obtained from Statistics Canada)
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Annual Average Percent (%) Change |
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Year |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
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Alberta |
2.1% |
1.1% |
2.4% |
3.5% |
2.3% |
3.4% |
4.4% |
1.4% |
2.1% |
3.9% |
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Canada |
1.6% |
0.9% |
1.7% |
2.7% |
2.6% |
2.2% |
2.8% |
1.8% |
2.2% |
2.0% |
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2007 |
2008 |
2009 |
2010 |
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| Alberta |
5.0% |
3.2% |
0.3% |
1.0% |
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| Canada |
2.2% |
2.3% |
2.0% |
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Annual Average Percent (%) Change
* Note: Estimated percentage is derived from the Year-to-Date Average of Monthly Figures (described in the chart below). Therefore, the estimate becomes more reliable as subsequent months are reported and included in the average.
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2011 Monthly Percent (%) Change from Same Month Last Year |
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Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
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Alberta |
1.0 |
1.2 |
2.0 |
3.0 |
0.1 |
-0.6 |
0.3 |
0.5 |
-0.2 |
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Consumer Price Index Explanation
For further information on consumer price index, refer to Statistics Canada's Guide to Consumer Price Index.
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