Personal Finance
Better Finances for a Better You
Topic: "Consumer Price Index (CPI)"
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How much does the average Canadian spend on groceries? by Shannon Torcato
Grocery prices in Canada have been rising steadily from 2017 to 2024, with variations across provinces. Discover how much the average Canadian spends on essential food items like meat, vegetables, and dairy, and explore the impact of inflation on grocery budgets nationwide.
Word of the week
Purchasing Power
Purchasing power refers to the amount of goods or services that can be purchased with a unit of currency at a specific time. Over time, inflation reduces the purchasing power of a currency.
Understanding Purchasing Power and the Consumer Price Index →Budgeting
With higher housing, transportation costs and food prices, many Canadians feel the effects of inflation each time they open their wallets.
Budget Busters — The Impact of Inflation on Everyday Life By Amanda Reaume →Word of the week
Consumer Price Index (CPI)
A measure of the average change over time in prices paid by consumers, for a basket of consumers goods and services.
Why the Consumer Price Index (CPI) is Important →Infographic of the week
How much more are groceries costing you this year?
Mapped: Which Countries Have the Highest Inflation?
See how Canada compares to the rest of the world →← Curating the web to find the most interesting and helpful information about your money.