A drop in the cost of cellphones contributed to a slow down in inflation in British Columbia. (Photo: Pixabay)

Declining cellphone charges lead to drop in B.C. inflation rate

Year-to-year inflation in British Columbia stood at 2.1 per cent in July 2019, down 0.5 per cent

British Columbians received a break on the price of consumer good in July, partly because their cellphone bills dropped.

Year-to-year inflation in British Columbia stood at 2.1 per cent in July 2019, a drop of 0.5 per cent compared to the same period last year.

This said, it is important to note that price for many consumer goods still rose, albeit at a slower rate, with the proviso that British Columbia recorded the second-highest drop after Manitoba.

Overall, Canadian inflation rose two per cent on a year-over-year basis in July, matching the increase in June. Prices increased year over year in all eight major components that make up the consumer price index.

RELATED: Inflation hits Bank of Canada 2% target for second straight month

READ MORE: Lower gas prices slow annual inflation rate to Bank of Canada’s 2% bull’s-eye

According to Statistics Canada, consumers paid 2.5 per cent less for telephone services in July compared to June.

“The decline follows an industry-wide shift in the pricing structure of cellular data plans amid intensifying competition among wireless providers,” the agency said in accompanying note.

Prices for air transportation and travel tours also rose at a lower rate in July than in June, following a decline in jet fuel prices.

Gasoline prices declined 6.9 per cent year over year in July after falling 9.2 per cent in June.

Looking at other categories, the cost of food rose 3.8 per cent, while the costs for recreation, education and reading rose 2.7 per cent. Shelter, as well as household operations, furnishings and equipment, rose 2.3 per cent.

In a case of good news, bad news, the cost of alcoholic beverages, tobacco products and recreational cannabis rose 1.2 per cent year-to-year.


Like us on Facebook and follow us on Twitter

wolfgang.depner@saanichnews.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Significant donation boosts Victoria Hospitals Foundation’s most ambitious fundraising campaign

Townline’s $600,000 donation helps purchase new 3 Telsa MRI for Royal Jubilee Hospital

Rickter Scale: Early morning ear worm resonates

The Rickter Scale is a regular column

Trees Cannabis director fined $1.5 million for selling marijuana

Fine follows provincial crackdown on popular dispensary

Saanich Police say bubbling pavement poses no threat to public

Resident reports water coming from cracked pavement at Cedar Hill Road and Cedar Hill Cross Road

Saanich marks B.C. Heritage Week with diversity display

Exhibit on display at Cedar Hill Recreation Centre until Feb. 27

VIDEO: 7 things you need to know about the 2020 B.C. budget

Surplus of $227 million with big spending on infrastructure and capital projects

Greater Victoria Crime Stoppers wanted list for the week of Feb. 18

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Do you support the proposed changes for ICBC?

Tuesday’s provincial budget predicted a shift from shortfall to surplus in wake… Continue reading

Island wildlife rescue centre sees 9 poisoned birds since January

MARS trying to fundraise for ‘rigorous and expensive’ lead poisoning treatment

Via Rail lays off 1,000 employees temporarily as anti-pipeline blockades drag on

The Crown corporation has suspended passenger trains on its Montreal-Toronto and Ottawa-Toronto

VIDEO: Knife-wielding man arrested after barricading himself in Lower Mainland Walmart

A man had barricaded himself in the freezer section of the fish area at a Walmart in Richmond

Budget 2020: Weaver ‘delighted,’ minority B.C. NDP stable

Project spending soars along with B.C.’s capital debt

B.C. widow ‘crushed’ over stolen T-shirts meant for memorial blanket

Lori Roberts lost her fiancé one month ago Tuesday now she’s lost almost all she had left of him

Higher costs should kill Trans Mountain pipeline, federal opposition says

Most recent total was $12.6 billion, much higher than a previous $7.4-billion estimate

Most Read