Saskatchewan’s inflation rate up 0.8% in October

The consumer price index rose 0.8 per cent in Saskatchewan during October compared to a year ago Statistics Canada reported Friday.

That follows a gain of 1.1 per cent in September.

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According to Statistics Canada, the deceleration was led by the passenger vehicle index, which increased 4.1 per cent year-over-year in October after rising 6.4 per cent the previous month.

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Gas prices were also down 6.6 per cent from October 2015.

Excluding gas, the consumer price index in Saskatchewan rose 1.1 per cent compared to a year ago.

Food prices were also down 2.0 per cent on a year-over-year basis, led by decreases in the cost of fresh vegetables (5.5 per cent), fresh fruit (5.0 per cent) and dairy products (4.7 per cent).

READ MORE: Canada’s inflation rate edges up to 1.5% in October

Nationally, the inflation rate was 1.5 per cent in October, with increases in six of the eight major components.