Canada's September CPI Climbs 2.4% Amid Slower Gasoline Price Declines

Statistics show consumer prices increased year-on-year as falling gasoline prices eased, affecting overall inflation trends.

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Terms & Concepts
  • Consumer Price Index (CPI): A measure that examines the average change over time in the prices paid by consumers for goods and services.
  • Year-on-Year (YoY): A comparison of a statistic for one period with the same period from the previous year, often used in measuring growth or decline.
  • Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power.