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
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1994
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1995
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1996
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1997
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1998
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1999
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2000
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2001
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2002
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2003
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2004
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2005
|
|
Alberta
|
1.4%
|
2.3%
|
2.2%
|
2.1%
|
1.1%
|
2.4%
|
3.5%
|
2.3%
|
3.4%
|
4.4%
|
1.4%
|
2.1%
|
|
Canada
|
0.2%
|
2.2%
|
1.6%
|
1.6%
|
0.9%
|
1.7%
|
2.7%
|
2.6%
|
2.2%
|
2.8%
|
1.9%
|
2.2%
|
Estimate of Alberta's All Items CPI
Annual Average % 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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2006 Monthly per cent (%) Change from Same Month Last Year
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|
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Jan
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Feb
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Mar
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Apr
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May
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Jun
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Jul
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Aug
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Sep
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Oct
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Nov
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Dec
|
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Alberta
|
4.1%
|
3.3%
|
3.2%
|
3.5%
|
|
|
|
|
|
|
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