Fuel Powers Inflation Spike
The cost of living went up last month, according to figures released Friday by Statistics Canada, as transportation and housing prices climbed.
The agency revealed that the consumer price index rose to 1.6% in September, up from 1.4% the previous month, though StatsCan also said clothes, shoes and furniture, meanwhile, got cheaper in the past year.
The data agency said that transportation costs have increased by 3.8% in the 12 months to September, led by gasoline prices that have risen by more than 14% over that period, most of which came towards the end due to supply disruptions from Hurricane Harvey.
Food prices, meanwhile, have risen by 1.4% in the past 12 months.
The nation's number-crunchers said consumers paid 3.3% less for furniture in September compared with the same month a year earlier. Clothing and footwear, meanwhile, were 2.3% cheaper.