The Consumer Price Index or CPI is an indicator of changes in consumer prices experienced. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers.
On a year-over-year basis Albertans paid 2.5% more in November 2017 for the goods and services that comprise the Consumer Price Index (CPI) than in the same month a year ago, which is above than the national average rise in CPI of 2.1%. All goods categories saw an increase in Alberta, with energy increasing the most at +17.5%.
Since October 2014, this is only the second month where annual CPI growth has reached 2.5% (the other month was January 2017).