The September inflation rate was up in every province except Alberta and B.C.
Statistics Canada’s national consumer price index was up 1.3% from the same month a year earlier. That indicates inflation was running slightly ahead of August when the index rose 1.1%. However, the increase was not as big the 1.5% expected by economists.
Prices were up in all eight major components tracked. The shelter and transportation sectors provided the biggest boost. The transportation index climbed 2.3%, the shelter index rose 1.7%.
Food prices were up just 0.1%, the smallest year-over-year increase in that sector since February 2000. Grocery store food prices saw the first decline since March 2008 as the index fell 0.9%. The restaurant sector, however, saw a 2.5% gain.
Alberta’s inflation rate was down two-tenths of a point to 0.5% while Calgary’s rate was 0.4% also a drop of two-tenths from August.