The Consumer Price Index rose by 1.3% in July compared with July 2014, after increasing 1.0% in June.
The CPI in July for goods was up 0.7% from a year earlier while the CPI for services rose 1.9%.
Gasoline prices decreased 12.2% from July 2014, after falling 14.1% in June. Overall, energy prices fell 7.4% between July 2014 and July 2015, following a 9.0% annualized rate of decrease in June Excluding energy, the annualized Consumer Price Index rose 2.2% in July, up from 2.1% in June.
Food prices rose 3.2% in the 12 months to July, after a 3.4% rate of annualized increase was posted in June. The cost of food purchased from stores in the 12 months to July grew by 3.5%, down from a 3.6% increase in June. Prices for meat (+6.1%) contributed the most to the June increase. Prices for food purchased from restaurants advanced 2.7% on a year-over-year basis, unchanged from June.
Costs associated with shelter rose 0.9% in July over July 2014 after increasing 1.0% in June.
Consumers paid 3.3% more for household operations, furnishings and equipment in July compared to July 2014, up from the 3.1% rate of increase recorded in June.
Transportation prices fell 1.7% in the 12 months to July 2015, following a 2.6% decrease in June. This smaller year-over-year decrease was mainly due to gasoline prices, which fell less in the 12 months to July than they did in the previous month. However, consumers paid 2.5% more on a year-over-year basis for the purchase of passenger vehicles, after an increase of 2.0% in June.
In the 12 months to July 2015, consumer prices rose in nine provinces. The CPI grew the most in Saskatchewan (+1.9%) , followed by Ontario (+1.5%). Quebec recorded a 1.3% annualized increase. The only decline occurred in Prince Edward Island (-0.1%).