Consumer price index in August hits 0.1 per cent, Statistics Canada says
|CTVnews 16 Sep 2020 at 08:49|
The average economist estimate had been for a year-over-year increase of 0.4 per cent for August, according to financial markets data firm Refinitiv.
Gasoline prices remained down 11.1 per cent compared to August 2019, following a 14.9 per cent decline recorded in July.
Excluding gasoline from the inflation calculations, the consumer price index rose by 0.6 per cent in August.
Prices, though, were up in other categories such as personal care services like haircuts, which had a year-over-year increase of 7.2 per cent.