P.E.I. inflation rate rises again, but below national average these days
CBC
The inflation rate on P.E.I. climbed back over three per cent in August, but it stayed below the national average, which was also up last month.
Statistics Canada released the latest Consumer Price Index (CPI) data on Tuesday morning.
Islanders saw a 3.5 per cent annual increase in August, while nationally, prices rose 4.0 per cent.
After leading the country in inflation for much of 2021 and 2022, P.E.I. saw its Consumer Price Index increases begin to level off. Annual inflation fell below one per cent in May and held at that level in June.
Prices began to rise in July, and the rate was up again in August.
On P.E.I., the increase in August was mostly about energy.
Back in May, the CPI for fuel oil was less than half what it was the year before, and the CPI for gasoline was down more than 20 per cent.
By last month, however, both types of fuel were more expensive than they had been the year before. The annual increase for fuel oil was 7.4 per cent, and for gas it was 3.0 per cent. Both commodities saw increases well over the national average.
While inflation on groceries remains relatively high, the Consumer Price Index in that category is rising less quickly than it was.
Annual grocery inflation was 6.1 per cent in August, compared to a year before. That's well above the overall rate, but through the end of 2022 and early this year, grocery inflation was in double digits.
Grocery inflation on the Island is also a little below the national average, which came in at 6.9 per cent in August.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
Four in five of the wildfires so far in Saskatchewan this year have been caused by humans — the vast majority of them accidentally. But experts say part of the reason they've spread so far, so fast, is another human factor: climate change driven by the burning of fossil fuels.
Just a block away from the border of Alberta and Saskatchewan there's a garden uniting green thumbs in Lloydminster.
Shelley Lindaas has long dreamed of seeing a Kermode bear cub in person.
The Special Investigations Unit (SIU) report outlining the events leading to the death of Erixon Kabera answered some questions for his family and friends, but many remain.
Syed Hassan says he doesn't like to complain much. But when his wife told him she got a parking ticket on Thursday night, he knew he needed to speak out.
Following the public outcry over the Jian Ghomeshi case, some legal scholars and sexual assault survivor advocates lauded changes made to the Criminal Code that would prevent defence lawyers from surprising complainants at trial with past emails or text messages with the defendant.
The Waterloo Region District School Board has been talking a lot about the word "family" this month.
At Pedro's Island Eatery in North Rustico, owner Pedro Gameiro has long been not a fan of using seed oils for frying
The parking lot of the Kwanlin Dün Cultural Centre in Whitehorse was full on Friday, and the building surrounded by well-dressed young people and their proud families. Despite the smoky conditions in the city, there was much to celebrate.
Toronto has moved one step closer to allowing fiveplexes and sixplexes in neighbourhoods across the city.
Warning: Some readers may find photos in this story distressing.
Fifty years ago this fall the leaders of France, Germany, Italy, Japan, the United Kingdom and the United States met in a castle outside Paris for three days of meetings, at the conclusion of which they issued the Declaration of Rambouillet, a 15-point statement of principles and commitments.
An Iranian woman living in Newfoundland and Labrador says she's watching attacks between Israel and Iran with worry for her family back home.