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Canada’s inflation rate slows to 3.8% | CBC News

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Business·Breaking

Canada’s inflation rate decelerated to 3.8 per cent in September, down from four per cent in August.

Rate lower than economists were expecting

A woman looks at a receipt at a cash register.
The cost of living was at a 3.8 per cent annual pace in September, Statistics Canada says. (Simon Kadula/Shutterstock)

Canada’s inflation rate decelerated to 3.8 per cent in September, down from four per cent in August.

The figure, which was reported by Statistics Canada on Tuesday, was lower than what economists were expecting.

More to come.

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