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Figure 18:
Provincial key economic indicators – (%) or index value where stated
British Columbia
Alberta
Ontario
Quebec
Consumer Price Index (CPI) - MoY
February 2024 - February 2023
2.6
4.2
2.4
3.3
Construction investment - current prices
Q4 2023 - Q3 2023
3.5
13.2
8.2
6.5
Value of building permits - current prices
Q4 2023 - Q3 2023
-23.9
18.7
-10.3
-4.5
Housing starts - at annual rates
Q4 2023 - Q3 2023
8.7
0.8
-13.9
-12.7
Construction unemployment rate
December 2023
4.5
5.8
5.8
5.3
Source: Bank of Canada, Canada Mortgage and Housing Corporation and Statistics Canada
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