Winnipeg Free Press - PRINT EDITION

Manitoba inflation rate rises

  • Print

The cost of living in Manitoba edged up a bit in September, as consumers forked out more for things like gasoline, furniture and home and mortgage insurance, Statistics Canada said Friday.

The agency said Manitoba's annual inflation rate rose to 1.7 per cent from 1.6 per cent in August.

That was the fourth-highest rate among the provinces. Newfoundland and Labrador had the highest rate at 2.2 per cent, while British Columbia had the lowest at 0.5 per cent.

Consumer items that saw some of the biggest price increases between September of last year and September of this year in Manitoba were furniture (up 11.8 per cent), homeowners' home and mortgage insurance (11.4 per cent), homeowners' maintenance and repairs (10.7 per cent) and gasoline (8.8 per cent), Statistics Canada said.

Canada's annual inflation rate remained stuck at 1.2 per cent for the third consecutive month in October, continuing a level of stability that will give the Bank of Canada little reason to adjust ultra-low interest rates.

The consumer price index compiled by Statistics Canada was slightly higher than economists had anticipated, given that gasoline prices were known to have fallen during the month, but still at the low end of the central bank's target range.

Core inflation -- which measures underlying price pressures by excluding volatile items such as energy -- stood at 1.3 per cent in October, also below expectations.

Statistics Canada reported gasoline prices were down 1.2 per cent from September -- not as big a decline as anticipated and still 4.0 per cent higher than a year earlier.

 

-- Staff / The Canadian Press

Republished from the Winnipeg Free Press print edition November 24, 2012 B9

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Gail Asper says museum honours her father’s vision

View more like this

Photo Store Gallery

  • Challenges of Life- Goose Goslings jump over railway tracks to catch up to their parents at the Canadian Pacific Railway terminalon Keewatin St in Winnipeg Thursday morning. The young goslings seem to normally hatch in the truck yard a few weeks before others in town- Standup photo- ( Day 4 of Bryksa’s 30 day goose project) - Apr 30, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • horse in sunset - marc gallant

View More Gallery Photos

Poll

Do you plan on attending any of the CMHR opening weekend events? (select all that apply)

View Results

View Related Story

Ads by Google