Canada's CPI rises 3 pct in August


By Lin Wei

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Takeaways from the US midterm elections
US has no immediate plan to strike Iran, Trump tells FT
South Africa votes in local polls expected to further weaken ANC grip
North Korea denies Binance accusation, refuses dialogue with Washington
Paraguay's central bank chief resigns at president's request as digital lender crisis deepens
U.S. stocks close mixed
Brazil, Venezuela foreign ministers discuss trade, Amazon cooperation
Spain's transport minister says he will resign after latest deadly train crash
Flash: Spanish transport minister says to step down:reports
Japan wins Youth Olympic mixed doubles table tennis gold

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read