Cellphone and internet costs continue to decline in Canada

As MPs study the affordability of telecommunication services , Statistics Canada says cellphone and internet costs continue to decline, helping to drive the national inflation rate lower last month. Consumers who signed on to a cellphone plan in February paid 26.5 per cent less than they did during the same month a year ago, according to the consumer price index report released Tuesday. That follows a year-over-year drop of 16.4 per cent in January.

It said the latest year-over-year decrease was driven by lower prices for new plans and increases in data allowances for some cellular service plans. StatCan also said prices for internet access in February fell 13.2 per cent on a year-over-year basis and 9.4 per cent month-over-month, noting some special offers that were available from providers last month. The agency's telecom price calculations reflect two main factors - raw prices for services and “quality difference,” said telecommunications consultant Mark Goldberg. Price declines in the national inflation report could indicate that consumers are getting more bang for their buck through new offers, such as bigger data packages, international roaming perks, or voice-to-text voicemail services. “They're either getting more for the same price or they're paying less for the same thing,” said Goldberg, who likened it to “the opposite of shrinkflation.” “If you go into a grocery store and the box of cereal on the shelf is $

Source: Tech Daily Report (techdailyreport.net)

Cellphone Internet Costs Decline Canada Inflation Rate Consumer Price Index Data Allowances Telecommunication Services

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