Canada's August inflation holds steady at 3% as crude stays firm; food prices ease

Inflation holds at 3% in August as high oil prices not spilling over: economists

OTTAWA — Canada's inflation rate held steady in August, suggesting higher energy costs have yet to spill over significantly into broader consumer prices.

August inflation holds at 3% in Canada, but gasoline and groceries keep adding pressure to household budgets

Statistics Canada's August 2026 CPI report shows inflation held at 3 per cent as travel tours, gasoline and rent costs rise and grocery price growth slows for the first time in more than a year.

Canada Inflation Holds at 3% as Grocery Price Growth Slows

Canada's annual inflation held at 3% in August as grocery inflation slowed to 2.8%, falling below the headline rate for the first time since July 2024. · 18 sources across the spectrum on IJR News.

Canada's August inflation holds steady at 3%

Canada's annual inflation growth rate held at 3% in August, same as last month, as crude prices continued to stay firm affecting gasoline costs and food prices cooled only moderately, data showed today.

Here's a list of August inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 3.0 per cent in August, Statistics Canada says.

Here's a list of August inflation rates for Canadian provinces

OTTAWA - Canada's annual inflation rate was 3.0 per cent in August, Statistics Canada says. Here's what happened in the provinces (previous month in brackets):