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B.C. Inflation and Wage Growth

B.C. Inflation and Wage Growth

- Updated Nov 29, 2023

B.C.’s headline inflation rate averaged 3.5% in the third quarter of this year. This pace is down from the 7 to 8% annual increase in consumer prices seen through much of 2022. But even with supply chains normalizing and energy prices falling, inflation is likely to be persistent.

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B.C. Inflation and Wage Growth

B.C. Inflation and Wage Growth

- Updated Aug 9, 2023

In mid 2022 B.C.’s overall CPI inflation rate topped out at 7.9%. Since then, the annual change in the provincial CPI has edged steadily lower and in June of this year was 3.5%.

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