Canadian inflation up

Published October 20, 2007

OTTAWA, Oct 19: Consumer prices in Canada were pushed higher in September by rising petrol (gasoline) costs which stoked the Consumer Price Index to its highest level since May 2006, the government said on Friday.

The government said its consumer price index was up 0.2 per cent for the month of September and 2.5 per cent year-over-year. That marked acceleration from August’s 1.7pc yearly increase.

“Gasoline prices were the primary cause of an increase in the 12-month variation of the Consumer Price Index (CPI) in most provinces,” the government report said.

Despite the acceleration in headline inflation, the index’s core reading -- which strips out some volatile energy and food costs -- slowed to an increase of 2 per cent in September compared with a 2.2 per cent clip in August.

The core index is seen as giving a cleaner impression of inflationary pressures and is used by the Bank of Canada to monitor its inflation control targets.—AFP

Opinion

Editorial

Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....