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Mon. Oct 19th, 2026

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Trending News: Best IHG hotels you can book with 200,000 pointsEagles’ QB Jalen Hurts to remain sidelined due to blood clot: What to knowBattlefield 6 Dev Owns Up To Mistakes With Strange-Looking Cosmetics, But Stays Silent On Possible AI UseECB central contracts: What are they and how do they work?The Best 2026 Cashmere Sweaters From COSFeds Suspect Ransom Negotiator Ran ShinyHunters Extortion Site – Krebs on SecurityWHO releases guidelines to help countries maintain essential health services during the COVID-19 pandemicRussian oil exports by Arctic route jump amid world freight crisis, data showsWhat The Orange Light On Your PlayStation 5 Is Actually Telling YouMizoram vs Nagaland Ranji Trophy 2026 – Chinmay Sutar scores 400* for Mizoram in Ranji TrophySupreme Court turns away appeal from alleged 9/11 mastermind Khalid Sheikh MohammedInfinity Ward on Whether Modern Warfare 4 Really Is the End of the SagaQantas Is Re-Slicing Its 485-Seat Airbus A380 Floor Plan As British Airways Removes 88 Economy SeatsIPA, WHO and UNICEF launch Read the World on International Children’s Book Day to support children and young people in isolationPamela Wallin resigns from SenatePatrick Dovigi lures suitors for his garbage empireBreakthrough Glasses Slow Nearsightedness in Kids. 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Mon. Oct 19th, 2026

Inflation rises to 3.1%, as fuel prices push higher: StatsCan


Business

Statistics Canada says the pace of inflation picked up in September, as prices for gasoline climbed at a faster rate than in August.

Gas prices rose at a quicker pace in September than in August, according to Statistics Canada

Jeff Lagerquist · CBC News ·

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A driver in a pickup truck in front of a Canadian gas station.
A truck passes an Esso station in Toronto on April 20, 2026, where gasoline was listed at 161.9 cents per litre. (Oksana Shtohryn/CBC)

The national inflation rate rose to 3.1 per cent in September, according to data released by Statistics Canada on Monday.

The agency says the annualized inflation reading for September was boosted by higher prices for gasoline last month. Food prices also rose, but at a slower pace than in September.

Ahead of Monday’s release, a Bloomberg survey of 12 economists predicted the September consumer price index would rise 3.18 per cent year over year.

More to come

ABOUT THE AUTHOR

Jeff Lagerquist is a senior writer with CBC News based in Toronto. Originally from Erin, Ont., he studied journalism at Toronto Metropolitan University. Jeff previously worked as a senior reporter for Yahoo Finance Canada. He was also a reporter and digital producer for CTV National News, BNN Bloomberg and The Financial Post. In 2025, he was a Columbia University energy journalism fellow.

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