Economy / WORLD

Canada’s annual inflation held at 3% in August

The consumer price index held July’s pace, while movements in gasoline and food prices shaped the mix.

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In August data released on 14 September, Statistics Canada reported that the all-items consumer price index rose 3.0% over a year, matching July’s annual increase. The index excluding gasoline rose 2.4% in August, up from 2.2% in July.

Gasoline prices were up 22.8% year over year in August, compared with a 25.7% increase in July. Store-bought food inflation also slowed from 3.1% to 2.8%.

Data

Key figures

Canada August CPI rates

Year-on-year consumer price changes for August 2026.

All-items CPI year-on-year change
3 %
2026-08 · Observed
CPI excluding gasoline year-on-year change
2.4 %
2026-08 · Observed
Gasoline price year-on-year change
22.8 %
2026-08 · Observed
Store-bought food price year-on-year change
2.8 %
2026-08 · Observed
Methodology

Statistics Canada’s unadjusted August 2026 CPI release. All values are August 2026 year-on-year changes; CPI excluding gasoline, gasoline and store-bought food are separate items.

Updated:

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  • Canada · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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