Business4 sources
Canada's Annual Inflation Rate Rises to 3.1% in September
- Canada's annual inflation rate rose to 3.1% in September, according to Statistics Canada.
- The increase in inflation is primarily due to higher gasoline prices, influenced by the war in the Middle East.
- Core inflation measures, excluding volatile items, showed a slight easing.
- This rise in inflation follows a period of economic adjustments and market fluctuations.
- The data reflects ongoing economic challenges and the impact of global events on domestic prices.
Articles (4)
The Wall Street Journal·
Canada Inflation Heats Up in September With Jump in Gas Prices
Reuters·
Canada's annual inflation rate rose to 3.1% in September
CBC News·
Inflation rises to 3.1% in September, as fuel prices push higher: StatsCan
Bloomberg·
Canada Inflation Rate Edges Up to 3.1%, Core Measures Ease