facebook
twitter
rss
account
search
search
 

Inflation rate in Canada slows in August

Sept. 20, 2013 at 12:08 PM   |   Comments

OTTAWA, Sept. 20 (UPI) -- The annual inflation rate in Canada rose 1.1 percent August-to-August following a 1.3 percent rise in July, Statistics Canada said Friday.

Health and personal care costs slid for the fifth consecutive month, while costs rose 1.1 percent for shelter, 1.3 percent for transportation after rising 2.7 percent in July, and 2.2 percent for gasoline, which rose 6.1 percent in July.

Food prices rose 1 percent in August from August 2012. The highest advance was for the cost of meat, which rose 1.6 percent, and fresh fruit, which rose 4.4 percent on a year-over-year basis after rising 1.5 percent in July.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
2014: The Year in Music [PHOTOS]

2014: The Year in Music [PHOTOS]

Most Popular
1
Northrop Grumman developing reusable space plane for lifting spacecraft into orbit
2
Iran wants to develop mini-LNG plants
3
Navy to test Lockheed Martin's FORTIS exoskeleton
4
Slovakia plants seed in Ukrainian gas sector
5
Twitter to remove pictures of deceased on family's request
Trending News
Video
x
Feedback