• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Canada’s annual inflation rate hits 4.1%, highest since 2003

September 15, 2021 by David Barret Leave a Comment

September 15, 2021

OTTAWA (Reuters) -Canada’s annual inflation rate accelerated to an 18-year-high of 4.1% in August, pushed up in part by a big jump in gasoline prices, Statistics Canada said on Wednesday.

Analysts polled by Reuters had expected the annual rate to rise to 3.9% in August after posting a year-over-year increase of 3.7% in July. The August rate was the highest since the 4.2% recorded in March 2003.

Gas prices rose 32.5% compared to August 2020, mainly driven by lower production from oil-producing countries compared with pre-pandemic levels, Statscan said.

The three measures of core inflation all posted gains. CPI common, which the Bank of Canada calls the best gauge of the economy’s underperformance, edged up to 1.8% from 1.7% in July.

The Canadian dollar strengthened slightly to C$1.2671 versus the U.S. dollar, or 78.92 U.S. cents.

(Reporting by David Ljunggren and Julie Gordon in Ottawa and Fergal Smith in Toronto;Editing by Andrew Heavens and Paul Simao)

Source Link Canada’s annual inflation rate hits 4.1%, highest since 2003

David Barret
David Barret

Related posts:

  1. In Argentina’s north, a ‘white gold’ rush for EV metal lithium gathers pace
  2. Soccer – We’re not even a team yet, says PSG coach Pochettino
  3. Democrats’ tax plan would cut bills for most Americans -congressional estimate
  4. Larry Elder, right-wing radio host, seeks governorship in California recall

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • World’s Oldest Pots: 20,000-Year-Old Vessels May Have Been Used For Cooking Clams Or Brewing Beer
  • “The Body Is Slowly And Continuously Heated”: 14,000-Year-Old Smoked Mummies Are World’s Oldest
  • Pizza Slices, Polaroid Pictures, And Over 300 Hats: What’s Left Behind In Yellowstone’s Hydrothermal Areas?
  • The Mathematical Paradox That Lets You Create Something From Nothing
  • Ancient Asteroid Ripped Apart In Collision Had Flowing Water
  • Flying Foxes Include The World’s Biggest Bat And The Largest Mammal Capable Of True Flight
  • NASA Responds To Claims That Interstellar Object 3I/ATLAS Is An Advanced Alien Spacecraft
  • Millions Of Tons Of Gold Are In Earth’s Oceans, Potentially Worth Over $2 Quadrillion
  • The Race Back To The Moon: US Vs China, Will What Happens Next Change The Future?
  • NOAA Issues G3 Geomagnetic Storm Warning As 500,000 Kilometer Hole Sends Solar Wind At Earth
  • Lasting 776 Days, This Is The Longest Case Of COVID-19 Ever Recorded
  • Living Cement: The Microbes In Your Walls Could Power The Future
  • What Can Your Earwax Reveal About Your Health?
  • Ever Seen A Giraffe Use An Inhaler? Now You Can, And It’s Incredibly Wholesome
  • Martian Mudstone Has Features That Might Be Biosignatures, New Brain Implant Can Decode Your Internal Monologue, And Much More This Week
  • Crocodiles Weren’t All Blood-Thirsty Killers, Some Evolved To Be Plant-Eating Vegetarians
  • Stratospheric Warming Event May Be Unfolding In The Southern Polar Vortex, Shaking Up Global Weather Systems
  • 15 Years Ago, Bees In Brooklyn Appeared Red After Snacking Where They Shouldn’t
  • Carnian Pluvial Event: It Rained For 2 Million Years — And It Changed Planet Earth Forever
  • There’s Volcanic Unrest At The Campi Flegrei Caldera – Here’s What We Know
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version