Inflation jumped higher last month, to 3.3%

Last updated: August 15, 2023 4:45 am

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Published: August 15, 2023

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Canada’s inflation rate bucked its recent trend of slowing last month and instead rose at a 3.3 per cent annual pace in July.

Gasoline prices biggest reason for the uptickPete Evans · CBC News · Posted: Aug 15, 2023 8:45 AM EDT | Last Updated: 4 minutes agoGasoline prices were the biggest reason for the uptick in the inflation rate. If pump prices are stripped out of the data, the cost of living went up at a 4.1 per cent annual pace. (Ethan Cairns/CBC)

Canada’s inflation rate bucked its recent trend of slowing last month

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