BC’s Consumer Price Index rose 2.0% in June according to Stats Canada.
Canada’s inflation rate held steady at 1.5% last month.
Food prices in the province also spiked 1.7% on a year-over-year basis after posting a 2.5% gain in May.
That is the lowest increase in that category since August of 2014.
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BC also outgained the country in another section according to Analyst, Michel Sekimonyo.
“The shelter index was up 1.7% year-over-year in BC compared to a 1.1% increase in May where at the national level the shelter index went from 1.4% in May to a 1.6 gain in June.”
Meat prices in BC also went down a paltry 0.1% which is lower than the national rate of 0.3%.