The pace of consumer price inflation slowed a tick to 2.0 per cent in September, Statistics Canada said Friday.
The broad rate of price growth across products and services slowed from a 2.1 per cent increase in the previous month, while the cost of living was fanned modestly higher across all consumer categories, led by higher housing and food costs.
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Gas prices dropped throughout September, leading to consumers paying less for gas and helping to tamp down inflation in the month.
On a regional basis, Statistics Canada’s consumer price index found prices climbed in every province, with Ontario and Alberta seeing the biggest gains.
The inflation rate for September matched the consensus expectations of economists, according to Thomson Reuters.
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