Statistics Canada announced on September 16 that the Consumer Price Index (CPI) for August 2025 rose 1.9% year-on-year, an increase of 0.2 percentage points from July 1.7%. The acceleration in CPI growth was primarily driven by higher energy prices, food costs, and transportation expenses. Core inflation measures remained relatively stable, suggesting underlying price pressures are contained. The Bank of Canada will likely consider this data in upcoming monetary policy decisions as inflation approaches the target range.
Canada August Consumer Price Index Rises 1.9% Year-on-Year
Overview
Statistics Canada announced on September 16 that the Consumer Price Index (CPI) for August 2025 rose 1.9% year-on-year, an increase of 0.2 percentage points from July 1.7%. The acceleration in CPI gro... Statistics Canada announced on September 16 that the Consumer Price Index (CPI) for August 2025 rose 1.9% year-on-year, an increase of 0.2 percentage points from July 1.7%. The acceleration in CPI gro...
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