Canada’s inflation rate increases to 4% | CBC News ...Middle East

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Canada’s inflation rate increases to 4% | CBC News
Business·Breaking Canada’s inflation rate jumped higher last month, to an annual pace of four per cent, mostly because of an increase in gasoline prices. Grocery prices increased at 6.9% annual pace Pete Evans · CBC News · Posted: Sep 19, 2023 8:41 AM EDT | Last Updated: 24 minutes ago Gas prices increased by almost five per cent in the month of August alone. (Ethan Cairns/CBC) Canada’s inflation rate jumped higher last month, to an annual pace of four per cent, mostly because of an increase in gasoline prices. Statistics Canada reported Tuesday that the inflation rate ticked higher by 0.7 percentage points, in large part because gasoline prices increased o

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