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Canada’s Consumer Price Index rose 3.0% year over year in August 2026, matching July’s increase, Statistics Canada reported. Excluding gasoline, the CPI rose 2.4%, compared with 2.2% in July.

Prices for food purchased from stores were up 2.8% over the year, shelter prices 1.5%, and transportation 7.5%. The monthly release describes consumer price changes; it does not represent an individual household’s personal inflation rate.