OTTAWA, Sept. 14 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 3 percent year over year in August, matching the increase in July, Statistics Canada said Monday.
Prices for gasoline rose at a slower pace in August compared with July, putting downward pressure on the all-items CPI, said the national statistical agency, adding that, excluding gasoline, the CPI rose 2.4 percent in August, after increasing 2.2 percent in July.
According to the agency, the slowdown in gasoline prices on an annual basis was offset by higher prices for travel tours and rent.
The CPI fell 0.1 percent month over month in August. On a seasonally adjusted monthly basis, the CPI rose 0.2 percent, said Statistics Canada.
