Statistics Canada’s recently released monthly report on the Consumer Price Index, once again shows Manitoba has the lowest inflation rate in the country.
“Our government’s plan to lower costs is working,” said Finance Minister Adrien Sala. “The gas tax holiday has put more money in people’s pockets and lowered inflation here in Manitoba. We know too many people are still feeling squeezed with high interest rates and our government is taking action to keep costs lower for people, whether they are trying to pay their mortgage or buy groceries.”
For the sixth straight month, Manitoba’s inflation was the lowest in Canada. Manitoba’s consumer inflation was 1.4 per cent in June and remains well below Canada’s inflation rate of 2.7 per cent.
Manitoba fared better than the national average on a number of commonly purchased goods and services measured by Statistics Canada including rent, gasoline, phone services, furniture, recreational equipment and clothing.
Manitoba continues to have the lowest gas prices in Canada. For the month of June, average retail price for gasoline in Winnipeg was 137.1 cents, which is lower than August 2023’s price of 163.3 cents.
