Finance & Taxation | National | Supply Chain & Logistics

Consumer Price Index, February 2021 – StatCan

March 18, 2021

The Consumer Price Index (CPI) rose at a faster pace year over year in February (+1.1%) than in January (+1.0%). The rise in gasoline prices (+5.0%) supported consumer price growth in February. Excluding gasoline, the CPI rose 1.0% in February—down from a 1.3% increase in January.

On a seasonally adjusted monthly basis, the CPI rose 0.1% in February.

Other key findings:

  • Fresh fruit prices rose 5.9% in February.
  • Prices for store-bought food rose 1.3% in February, a lot higher than January’s 0.1% increase.
  • Prices for food purchased from restaurants were up 2.9% in February.

Cooking appliances went up 6.8%.

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