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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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  • 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.