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%.
