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CPI Hits 0.1% In August

Statistics Canada says the consumer price index rose by 0.1 per cent year-over-year in August.

The national agency says that matched the 0.1 per cent year-over-year increase we saw in July.

Gas prices were down by 11.1 per cent in August following a 14.9 per cent drop in July.

But prices were up in several other categories including personal care services, jewellery, passenger vehicles and beef.

Prices rose in five provinces on a year-over-year basis in August.

They accelerated the most in Prince Edward Island, where consumers paid more for cigarettes year-over-year following a provincial cigarette tax increase instated in mid-July.

  • Brad Perry is an award-winning news anchor and reporter and a 2013 graduate of the NBCC journalism program. Based in New Brunswick, he is also the assistant national news director for Acadia Broadcasting. Contact Brad at perry.brad@radioabl.ca.

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