17-10-2023 16:51 via calgary.ctvnews.ca

Gas prices keep inflation high, Alberta expert says

Statistics Canada says the annual inflation rate slowed to 3.8 per cent in September as prices year-over-year rose more slowly across the economy. While that does not mean prices are falling, it does mean they are not rising as rapidly as rapidly as they were last month, experts say. The latest data comes after the annual rate flared up during the summer, reaching four per cent in August. The report shows consumers paid significantly less for airfare compared with a year ago, while prices for du
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