Saskatchewan’s inflation rate in October was 0.8 per cent — the second time this year that the rate has been below one per cent — following a 1.1-per-cent gain in September, according to Statistics Canada’s consumer price index (CPI) report released Friday…
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“It’s the shelter costs that are keeping us above the national average,” Elliott said. Last year, shelter costs increased 2.8 per cent, one of the largest items in the basket of goods and services that make up the consumer price index (CPI). Over the last 10 years, Saskatchewan shelter costs have increased an average of 3.8 per cent compared with the national average of 2.0 per cent.
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Saskatchewan is once again leading the nation in inflation, posting a 1.4 per cent year-over-year increase in the consumer price index (CPI) in September, the highest among the provinces, according to Statistics Canada. “Consumer prices rose in eight provinces in the 12 months to September. Saskatchewan posted the largest increase, followed by Manitoba, Alberta and British Columbia,” the federal agency said Friday. “The CPI in Saskatchewan was up 1.4 per cent in the 12 months to September, after increasing 1.9 per cent in August.”
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