Canada Inflation Accelerates to 3.1% in September as Gas Prices Jump
Canada’s consumer-price index rose 0.1% in September, lifting the annual inflation rate to 3.1%. Higher energy costs drove the increase, with no sign yet that the oil-price spike has broadened into wider price pressures.
OTTAWA — Canadian inflation edged higher last month as energy costs jumped, though there was still no indication that the oil-price spike had spread into broader price pressures. The consumer price index increased 0.1% in September, bringing the annual inflation rate to 3.1% in September, Statistics Ca…