00000cam 2200000zi 4500 9.948774 CaOODSP 20261009161019 m o d f cr cn||||||||| 250305e20250617oncad obs f000 0 eng d 9780660762074 CaOODSP eng rda CaOODSP n-cn--- CS62-0014/2025-3E-PDF An analysis of the 2025 Consumer Price Index basket update, based on 2024 expenditures / by Denam Drew. [Ottawa] : Statistics Canada = Statistique Canada, June 17 2025. ©2025 1 online resource (12 pages) : illustrations, graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Prices analytical series, 2818-6370 Cover title. Issued also in French under title: Une analyse de la mise à jour du panier de l'Indice des prix à la consommation de 2025, sur la base des dépenses de 2024. Includes bibliographical references. "The Consumer Price Index (CPI) is a Laspeyres-type price index, meaning that basket quantities are fixed to the reference period of the basket weights, which are estimates of consumer expenditures used for upper-level aggregation. To ensure the CPI remains representative of the price change experienced by Canadians, the basket weights must reflect how Canadians are spending their money. A fixed-basket price index, such as the CPI, can only account for shifts in consumer spending when the basket weights are updated. Therefore, scheduling basket updates at regular intervals allows the CPI to capture changing expenditure patterns. The May 2025 CPI, to be released on June 24, will mark the introduction of updated basket weights in the calculation of the CPI. The 2025 basket update using 2024 expenditures will replace the 2023 expenditures that were introduced in June 2024. The continuity of the CPI series is maintained by chain linking2 the corresponding indices obtained from consecutive baskets. This is done separately for each aggregate series, which is defined as the intersection of a product and a geographic area"--Introduction, page 4. Consumer price indexes Canada Statistics. Prices Canada Statistical methods. Cost and standard of living Canada Statistical methods. Statistics lcgft Statistics Canada, issuing body. Une analyse de la mise à jour du panier de l'Indice des prix à la consommation de 2025, sur la base des dépenses de 2024 / (CaOODSP)9.948775 An analysis of the 2026 Consumer Price Index basket update, based on 2025 expenditures / (CaOODSP)9.962581 An analysis of the 2024 Consumer Price Index basket update, based on 2023 expenditures / (CaOODSP)9.938659 Prices analytical series (Statistics Canada) (CaOODSP)9.842992 PDF 500 KB https://publications.gc.ca/collections/collection_2026/statcan/62f0014m/62f0014m2025003-eng.pdf HTML N/A https://www150.statcan.gc.ca/n1/pub/62f0014m/62f0014m2025003-eng.htm 62F0014M