MRO Magazine

Consumer Price Index up 1.3%


August 21, 2015
By Bill Roebuck

Ottawa – The Consumer Price Index (CPI) rose 1.3% in the 12 months to July 2015, after increasing 1.0% in June, Statistics Canada reports.

Lower energy prices continued to moderate the year-over-year rise in the CPI; however, the effect was less pronounced in July than in the previous month. In particular, the gasoline index was down 12.2% in the 12 months to July, compared with a 14.1% decrease in June.