Canada’s August inflation holds steady at 3%
Canada’s annual inflation rate held at 3% in August, unchanged from July, with crude-firming gasoline pressures and only moderate cooling in food prices, according to data reported Monday.
Canada’s annual inflation rate held at 3% in August, unchanged from the prior month, as firm crude prices continued to affect gasoline costs and food prices cooled only moderately, the data showed on Monday. Next month’s consumer price index reading could show further strengthening.