News Archive: 2023
B.C. Inflation and Wage Growth
Posted 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.
B.C. Inflation and Wage Growth
Posted 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%.
