Canada's CPI rises 4 pct in August

Contributed by NAMPA / Xinhua.

OTTAWA, Sept. 19 (Xinhua) -- Canada's consumer price index (CPI) rose 4 percent in August year over year, following a 3.3 percent increase in July, Statistics Canada said Tuesday.
The headline acceleration was largely the result of higher year-over-year prices for gasoline in August. Excluding gasoline, the CPI rose 4.1 percent in August, matching the 4.1 percent increase in July, the national statistical agency said.
In addition to facing higher energy prices, Canadians paid more for rent and m ...