As of June 2023, the Consumer Price Index had reached 159.4 in the province of Nova Scotia in Canada. This represented an increase of more than 21 points compared to June 2020. The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year.

Monthly indexes and percentage changes for major components, selected sub-groups and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

This statistic shows the Consumer Price Index (CPI) in Nova Scotia from 2000 to 2022. In 2022, the Consumer Price Index in Nova Scotia was *****.

The financial expenditures of Correctional Services to administer custodial and community-based sentences in the province. This dataset provides financial information such as the gross expenditures on Nova Scotia Corrections; the per capita expenditures on Nova Scotia Corrections, which is calculated using the total population in Nova Scotia; and the average daily cost in adult custody in Nova Scotia, which is calculated using the adult offender population in adult facilities. Fluctuations in the cost of Corrections may be driven by a number of factors, including but not limited to: the level of crime, legislative and policy responses to crime, sentencing practices, and administrative changes relating to organizational structure and the delivery of services, as well as changes in salaries and benefits for staff. The source for the financial information is the Nova Scotia Department of Justice, Financial Services Corporate Service Unit (CSU). Population data is sourced from Statistics Canada Table 17-10-0009-01 (formerly CANSIM 051-0005) -Population estimates, quarterly.

The average house price in Nova Scotia in 2024 stood at approximately ******* Canadian dollars. In the next year, house prices are forecast to further increase by about five percent. Compared to other provinces, Nova Scotia ranked below the national average in terms of house prices. However, the average price of a house in Nova Scotia was twice lower than in Ontario or British Columbia. Exploding population growth in recent yearsNova Scotia is the second-smallest province after Prince Edward Island, and had a population of just under *********** in 2018. The population of this province was relatively steady between 2000 and 2015, but has taken off since then. This sudden growth may be a factor in the increasing house prices, as demand also increases due to the greater number of residents looking for homes. The future of housing affordability in Nova ScotiaHalifax, the provincial capital, had an affordable housing market as of 2018, with mortgage payments only constituting about ** percent of average household incomes. The number of housing starts in the region has increased in the past few years, which also suggests an increase in demand. Only time will tell whether this will ensure a sufficient supply of homes for the region in response to its growing population.

Annual indexes for major components and special aggregates of the Consumer Price Index (CPI), for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the last five years. The base year for the index is 2002=100.

Monthly indexes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the current month and previous four months. The base year for the index is 2002=100.

Monthly average retail prices for selected products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

Electric power selling price index (EPSPI). Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2014=100).