Image Credit: ADOBE STOCK
August 20, 2025 - 5:00 AM
Inflation numbers for July are here to tell us what we already know — things are more expensive.
If you take out the last number, the first one would look a lot different.
Let’s count the ways, shall we?
1.7: That’s how much the Consumer Price Index (inflation) rose in July compared July 2024, StatsCan says.
4.8: That’s how much rent went up in BC last month, by percentage, compared to a year ago. It’s 3% across the country.
3.4: That’s how much more expensive food costs overall in Canada compared to a year ago.
28.6: That's the percentage that the price of coffee increased since last year.
27.1: That’s how much groceries have gone up since July 2020.
3.2: That’s how much more, as a percentage, you paid for food from restaurants
1.9: That’s how much more you paid for booze this year over last year.
4.8: That’s how much more it cost to buy a new car this July over last.
-16.1: That’s how much fuel prices fell since last July, one bright spot largely brought on by the elimination of carbon taxes.
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