gov.ns.ca - Nova Scotia Canada - Government of Nova Scotia

Header - Service Directory

Use the Services Directory to quickly access information on all of the services provided by the NS Department of Finance.

April 10, 2024
US CONSUMER PRICE INDEX, MARCH 2024

The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 3.5% year-over-year in March 2024. Compared to March 2023, the energy index rose 2.1%, the first increase since the 12-month period ending in February 2023. The food index rose 2.2% and the shelter index was up 5.7% year-over-year.

Compared to the previous month, the seasonally adjusted CPI was up 0.4% in March 2024, the same increase as the previous month. The food index edged up 0.1% and the energy index rose 1.1% on higher prices for gasoline, electricity and piped gas service. 

The CPI excluding food and energy rose 3.8% compared to March 2023. The CPI excluding food and energy index (seasonally adjusted) was up 0.4% compared to February 2024, the same rate as the previous two months.

Note: Canada and Nova Scotia March 2024 CPI figures will be released on April 16, 2024.

Sources: 

Statistics Canada. Table 18-10-0004-01  Consumer Price Index, monthly, not seasonally adjusted

US Bureau of Labor Statistics, retrieved from Federal Reserve Bank of St. Louis using the FRED API.


Orange ClockFor More Information

Barbara Ruszel
Economist
Tel: 902-424-1848
Email: Basia.Ruszel-Lichodzijewska@novascotia.ca