The Consumer Price Index rose by 1.0% in October compared with October 2014, matching the annualized increase in September.
The CPI in October for goods was up 0.2% from a year earlier while the CPI for services rose 1.9%.
Gasoline prices decreased 17.1% from October 2014, after falling 18.8% in September. Overall, energy prices fell 10.4% between October 2014 and October 2015, following a 10.8% annualized rate of decrease in September. Excluding energy, the annualized Consumer Price Index rose 2.1% in October, unchanged from the rate of annualized increase reported in September.
Food prices rose 4.1% in the 12 months to October, after a 3.5% rate of annualized increase was posted in September. The cost of food purchased from stores in the 12 months to October grew by 4.6%, up from a 3.9% increase in September. Prices for fresh fruits increased 13.0% from October 2014. The dairy products index rose following a decrease in September. Prices for food purchased from restaurants advanced 2.7% on a year-over-year basis, unchanged from September.
Costs associated with shelter rose 1.1% in October over October 2014 matching the rise in September. The natural gas index decreased 10.9% in the 12 months to October, after declining 4.4% in the previous month. Property taxes rose 3.0% on a year-over-year basis.
Consumers paid 1.1% more for household operations, furnishings and equipment in October compared to October 2014, unchanged from the rate of increase recorded in September.
Transportation prices fell 3.2% in the 12 months to October 2015, following a 3.5% decrease in September. This year-over-year decrease was mainly due to consumers paying 2.2% less for gasoline.
In the 12 months to October 2015, consumer prices rose in nine provinces. The CPI grew the most in Manitoba (+1.9%), followed by Saskatchewan and Alberta, both of which recorded a 1.4% increase. Ontario posted a 0.9% year-over-year gain while Quebec reported a 0.7% annualized increase. The only decline occurred in Prince Edward Island (-0.8%).