Sun, 29 Nov 2020

Canada's CPI rises in September

Xinhua
22 Oct 2020, 02:30 GMT+10

OTTAWA, Oct. 21 (Xinhua) -- Canadian Consumer Price Index (CPI) rose 0.5 percent year-on-year in September, up from August's 0.1 percent increase, according to Statistics Canada on Wednesday.

Excluding gasoline, the CPI rose 1.0 percent in September, following a 0.6 percent increase in August.

The CPI acceleration last month was largely due to price changes in transportation, recreation, education and reading, and shelter components.

On a seasonally adjusted monthly basis, the CPI rose 0.1 percent in September.

On a year-over-year basis, gasoline prices fell 10.7 percent in September after 11.1 percent decrease in August while food price rose 1.6 percent in September after growing 1.8 percent.

Air transportation prices fell 3.2 percent in September after plunging 16 percent in August.

Clothing and footwear prices fell 4.1 percent in September, down from a 1.3 percent decrease in August.

The tuition fees index, priced annually in September, increased 1.9 percent after falling 3.6 percent in September 2019.

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