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Canada Inflation Steady at 3% in August

Canada’s consumer-price index slipped 0.1% in August, holding the annual rate of inflation at 3%, Statistics Canada said.

Canada Inflation Steady at 3% in August

August 2026 saw Canada's official inflation rate settle at 3.0 per cent, according to Statistics Canada. The agency also provided inflation figures for several major Canadian cities, although they cautioned the data might have experienced significant fluctuations due to the small sample sizes used in the calculations (previous month's figures in brackets).

In Charlottetown-Summerside, inflation was notably higher at 4.5 per cent, compared to the national average. However, Statistics Canada emphasized the variability in their city-specific rates, attributing it to the limited statistical samples employed.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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