iN NUMBERS: What’s costing you more money

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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Marshall Jones

News is best when it's local, relevant, timely and interesting. That's our focus every day.

We are on the ground in Penticton, Vernon, Kelowna and Kamloops to bring you the stories that matter most.

Marshall may call West Kelowna home, but after 16 years in local news and 14 in the Okanagan, he knows better than to tell readers in other communities what is "news' to them. He relies on resident reporters to reflect their own community priorities and needs. As the newsroom leader, his job is making those reporters better, ensuring accuracy, fairness and meeting the highest standards of journalism.