*iStock photo
*iStock photo

Consumers paid 1.9 per cent more in April 2014 than they did a year ago for the basket of goods and services included in the Consumer Price Index (CPI). This level of inflation decreased 0.1 percentage points from the 2.0 per cent measured in March 2014. 

Between March 2014 and April 2014, the average cost of goods and services in the Consumer Price Index increased 0.4 per cent. The all-items index increased to 123.8 index points in April. This means that the basket of goods and services that cost $100.00 in April 2006 now cost $123.80.