OTTAWA – Statistics Canada says Canada’s annual inflation rate was 2.1 per cent in August, unchanged from the previous month.
Prices were up across the board, with the cost of shelter leading the way.
The federal agency says all 12 components of the Consumer Price Index edged higher.
As well, prices were up in every province with Saskatchewan seeing the highest gain and Prince Edward Island recording the smallest.
Core inflation, the number the Bank of Canada closely monitors and which excludes some items from the volatile energy and food categories, rose by 2.1 per cent, after an increase of 1.7 per cent in July.
On a seasonally-adjusted basis, inflation was up 0.1 per cent in August compared with the previous month, when it fell by 0.1 per cent.
Comments