Quantcast Inflation Steady At 2.2% For June
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Canajun Finances

My personal views and rants on home finances with a Canadian Perspective

Inflation Steady At 2.2% For June

Posted on 07/19/2007 13:55:39 | Link | Post Comment
Inflation is up a little in June (year over year) compared to May, with it settling at 2.2% year over year. Where did the biggest price jumps take place? You can't guess?

  • Housing and Accommodation is up a whopping 4.9% (year over year)
  • Operating a vehicle is up 2.8% (y.o.y.)
Anybody who is surprised by those numbers has to have been asleep for that past year, because gas prices and the cost of housing (especially in the west) has been the major inflationary factors in Canada for a while now. What is interesting is that because gas prices have plateau'ed and are actually dropping in some areas that is helping keep inflation lower? Fun with numbers. My question is, has the higher price of gas trickled through the product delivery chain and increased prices of other things yet? I think it is shown in some places, but I don't know about other areas.

Inflation is the worst in Alberta (6.3%) and it is the lowest in Newfoundland (1.4%), interesting numbers, for me.

Consumer Price Index and major components

(2002=100)

Relative importance1 June 2007 May 2007 June 2006 May to June 2007 June 2006 to June 2007
Unadjusted
% change
All-items 100.002 111.9 112.1 109.5 -0.2 2.2
Food 17.04 112.6 112.5 109.2 0.1 3.1
Shelter 26.62 116.8 116.0 112.8 0.7 3.5
Household operations and furnishings 11.10 103.0 103.0 102.1 0.0 0.9
Clothing and footwear 5.36 93.1 96.0 94.1 -3.0 -1.1
Transportation 19.88 119.2 120.7 117.3 -1.2 1.6
Health and personal care 4.73 107.9 107.4 106.1 0.5 1.7
Recreation, education and reading 12.20 102.5 102.2 101.3 0.3 1.2
Alcoholic beverages and tobacco products 3.07 125.7 125.2 121.8 0.4 3.2
All-items (1992=100) 133.2 133.4 130.4 -0.1 2.1
Special aggregates
Goods 48.78 108.9 109.6 107.9 -0.6 0.9
Services 51.22 114.8 114.5 111.1 0.3 3.3
All-items excluding food and energy 73.57 109.0 109.0 106.7 0.0 2.2
Energy 9.38 140.1 142.0 138.4 -1.3 1.2
Core CPI3 82.71 109.9 109.9 107.2 0.0 2.5

Stock Quote or
Examples
Morpheus Trading - Thu Jul 17, 2008 01:15AM
NOTE: Please click on the charts below to enlarge them if th [read more]
Morpheus Trading - Tue Jul 15, 2008 08:25AM
NOTE: Please click on the charts below to enlarge them [read more]
Morpheus Trading - Mon Jul 14, 2008 02:18AM
NOTE: Please click on the charts below to enlarge them if [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.