June 18, 2024 13:06 GMT
New Annual CPI Basket Weights Boost Shelter And Transportation
CANADA DATA
(MNI) OTTAWA
- StatsCan re-weighted CPI Tuesday, part of a move to annual updates to reflect shifts in spending patterns. New weights will be incorporated into the next inflation report on June 25.
- Shelter weight increased to 29.15 from 28.34.
- Household operations, furnishings and equipment lowered to 13.01 from 14.36.
- Transportation raised to 16.90 from 16.44.
- Food little changed at 16.69.
- Energy raised to 7.01 from 6.78.
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