Salem Radio Network News Saturday, September 25, 2021

Business

Canada’s annual inflation rate in August hits 4.1%, highest since 2003

OTTAWA (Reuters) – Canada’s annual inflation rate accelerated to 4.1% in August, the highest since 2003, up from a year-over-year increase of 3.7% in July, Statistics Canada said on Wednesday.

Analysts polled by Reuters had expected the annual rate to rise to 3.9% in August.

(Reporting by Julie Gordon in Ottawa; Editing by Andrew Heavens)

Previous
Next

Editorial Cartoons

View More »

Gary Varvel
Wed, Sep 15, 2021

X CLOSE