Veytics Intelligence
2026-10-19 · Cfjctoday

Higher gas prices drove inflation up to 3.1% in September: StatCan - CFJC Today Kamloops

OTTAWA — The annual pace of inflation rose to 3.1 per cent in September as war in the Middle East continued to drive up gas prices, Statistics Canada said Monday. The agency said the acceleration was led by a 27.8 per cent spike in gasoline prices last month compared with a year earlier, despite the switch to the less expensive winter gas blend. Excluding gasoline, consumer prices increased 2.2 per cent year-over-year in September. The agency said fuel oil and other fuels surged 57.8 per cent in September, hitting consumers hard in Atlantic Canada where many homes are heated with oil.

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