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Ward 1 News: Inflation Review January 2016

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January 2016
Corporate Economics - Inflation Review

 

Calgary’s headline Inflation increased in January 2016. In January 2016, Calgary’s inflation rate rose 2.0 per cent year-over-year, following a 1.5 per cent increase in December. The inflation rate was up 2.1 per cent in Alberta compared to 0.8 per cent a year ago. For Canada, the rate accelerated to 2.0 per cent from 1.0 per cent in January 2015 (see chart below). The all-items inflation rates for Calgary, Alberta, and Canada jumped in the month mostly due to higher gasoline and food prices.

 

 

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This content represents the personal views and opinions of the Councillor and should not be taken as a statement of policy of The City of Calgary. The inclusion of any external content does not imply endorsement by The City of Calgary.

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