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 2.2% more in February 2018 for the goods and services that comprise the Consumer Price Index (CPI) than in the same month a year ago, which matches the national average rise in CPI of 2.2%. Energy prices increased the most in Alberta (+12.3%). The commodity group recreation, education, and reading experienced the lowest increase (0.2%).