Canada’s annual inflation rate rose to 1.4 per cent in August

Source: Andy Blatchford, The Canadian Press, September 22, 2017 

OTTAWA — The country’s annual inflation rate continued to accelerate last month with a boost from higher costs for gasoline, hotels and airline tickets.

Statistics Canada said Friday inflation hit 1.4 per cent in August — up from 1.2 per cent in July and a two-year low of just one per cent in June.

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