{"id":896355,"date":"2026-09-15T06:58:41","date_gmt":"2026-09-15T06:58:41","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/896355\/"},"modified":"2026-09-15T06:58:41","modified_gmt":"2026-09-15T06:58:41","slug":"the-daily-consumer-price-index-august-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/896355\/","title":{"rendered":"The Daily\u00a0\u2014\u00a0Consumer Price Index, August 2026"},"content":{"rendered":"<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p class=\"sd-release-date\">Released:\u00a02026-09-14<\/p>\n<p>&#13;<\/p>\n<p>&#13;<br \/>\nConsumer Price Index&#13;\n<\/p>\n<p class=\"sd-indicator-refper\">August\u00a02026<\/p>\n<p class=\"sd-indicator-growth\">3.0%\u00a0<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455516_461_up.png\" alt=\"increase\"\/><\/p>\n<p class=\"sd-indicator-growth-details\">(12-month change)<\/p>\n<p>&#13;<br \/>\nFood purchased from stores&#13;\n<\/p>\n<p class=\"sd-indicator-refper\">August\u00a02026<\/p>\n<p class=\"sd-indicator-growth\">2.8%\u00a0<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455516_461_up.png\" alt=\"increase\"\/><\/p>\n<p class=\"sd-indicator-growth-details\">(12-month change)<\/p>\n<p>&#13;<br \/>\nShelter&#13;\n<\/p>\n<p class=\"sd-indicator-refper\">August\u00a02026<\/p>\n<p class=\"sd-indicator-growth\">1.5%\u00a0<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455516_461_up.png\" alt=\"increase\"\/><\/p>\n<p class=\"sd-indicator-growth-details\">(12-month change)<\/p>\n<p>&#13;<br \/>\nTransportation&#13;\n<\/p>\n<p class=\"sd-indicator-refper\">August\u00a02026<\/p>\n<p class=\"sd-indicator-growth\">7.5%\u00a0<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455516_461_up.png\" alt=\"increase\"\/><\/p>\n<p class=\"sd-indicator-growth-details\">(12-month change)<\/p>\n<p>&#13;<\/p>\n<p>The Consumer Price Index (<a class=\"acro01-tooltip\">CPI<\/a>) rose\u00a03.0% year over year in August, matching the\u00a03.0% increase in July.<\/p>\n<p>Year over year, prices for gasoline rose at a slower pace in August compared with July, putting downward pressure on the all-items <a class=\"acro02-tooltip\">CPI<\/a>. Excluding gasoline, the <a class=\"acro03-tooltip\">CPI<\/a> rose\u00a02.4% in August, after increasing\u00a02.2% in July. <\/p>\n<p>In August, the slowdown in gasoline prices on an annual basis was offset by higher prices for travel tours and rent.<\/p>\n<p>The <a class=\"acro04-tooltip\">CPI<\/a> fell\u00a00.1% month over month in August. On a seasonally adjusted monthly basis, the <a class=\"acro05-tooltip\">CPI<\/a> rose\u00a00.2%.<\/p>\n<p>&#13;<\/p>\n<p>  Chart\u00a01\u00a0 &#13;<br \/>\n  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a001-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\"> &#13;<br \/>\n  <img decoding=\"async\" class=\"pull-right\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455518_434_magnify-clip.png\" title=\"Enlarge chart 1\" alt=\"Chart 1: The 12-month change in the Consumer Price Index (CPI) and CPI excluding gasoline\"\/><\/a><br \/>&#13;<br \/>\nThe\u00a012-month change in the Consumer Price Index (CPI) and CPI excluding gasoline&#13;<\/p>\n<p>  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a001-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/cg260914a001-eng.png\" class=\"sd-chart-thumbnail\" title=\"Enlarge chart 1\" alt=\"Chart 1: The 12-month change in the Consumer Price Index (CPI) and CPI excluding gasoline\"\/>&#13;<br \/>\n  <\/a><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p>  Chart\u00a02\u00a0 &#13;<br \/>\n  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a002-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\"> &#13;<br \/>\n  <img decoding=\"async\" class=\"pull-right\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455518_434_magnify-clip.png\" title=\"Enlarge chart 2\" alt=\"Chart 2: Prices increase at a slower pace in five major components in August \"\/><\/a><br \/>&#13;<br \/>\nPrices increase at a slower pace in five major components in August &#13;<\/p>\n<p>  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a002-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/cg260914a002-eng.png\" class=\"sd-chart-thumbnail\" title=\"Enlarge chart 2\" alt=\"Chart 2: Prices increase at a slower pace in five major components in August \"\/>&#13;<br \/>\n  <\/a><\/p>\n<p>&#13;<br \/>\nPrices for travel tours accelerate on a base-year effect<\/p>\n<p>Year over year, prices for travel tours rose at a faster pace in August (+26.1%) compared with July (+15.2%), partly due to a base-year effect. <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/pub\/36-28-0001\/2026007\/article\/00005-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\">Canadian travel to the United States declined sharply in\u00a02025<\/a>, putting downward pressure on prices for airfares and travel tours. Given that this decline has now stopped affecting the\u00a012-month price movement, along with the introduction of fuel surcharges amid higher prices for jet fuel, upward pressure has been put on the travel tours index.<\/p>\n<p>On a monthly basis, prices for travel tours fell\u00a02.9% in August.<\/p>\n<p>Gasoline prices increase at a slower pace<\/p>\n<p>Prices for gasoline rose\u00a022.8% year over year in August, following a\u00a025.7% increase in July. Despite the year-over-year slowdown, prices for gasoline remained elevated, as the conflict in the Middle East continued in August.<\/p>\n<p>&#13;<\/p>\n<p>  Chart\u00a03\u00a0 &#13;<br \/>\n  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a003-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\"> &#13;<br \/>\n  <img decoding=\"async\" class=\"pull-right\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455518_434_magnify-clip.png\" title=\"Enlarge chart 3\" alt=\"Chart 3: Prices for gasoline decelerate year over year \"\/><\/a><br \/>&#13;<br \/>\nPrices for gasoline decelerate year over year &#13;<\/p>\n<p>  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a003-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/cg260914a003-eng.png\" class=\"sd-chart-thumbnail\" title=\"Enlarge chart 3\" alt=\"Chart 3: Prices for gasoline decelerate year over year \"\/>&#13;<br \/>\n  <\/a><\/p>\n<p>&#13;<br \/>\nConsumers pay less for clothing<\/p>\n<p>On a year-over-year basis, consumers paid less for clothing in August (-1.1%) compared with July (+0.9%). The decline was driven by lower prices for men&#8217;s clothing (-2.3%) and children&#8217;s clothing (-1.9%), following increases of\u00a02.0% for men&#8217;s clothing and\u00a04.0% for children&#8217;s clothing in July.<\/p>\n<p>Conversely, women&#8217;s clothing was unchanged (+0.0%) year over year in August, after falling\u00a00.7% in July, moderating the decline in clothing prices.<\/p>\n<p>Grocery price growth falls below headline inflation<\/p>\n<p>Price growth for food purchased from stores continued to slow in August, rising\u00a02.8% year over year after increasing\u00a03.1% in July. For the first time since July\u00a02024, grocery price growth increased at a slower pace than the all-items <a class=\"acro06-tooltip\">CPI<\/a> in August\u00a02026.<\/p>\n<p>Prices for dairy products led the deceleration in grocery prices; they rose\u00a00.7% year over year in August compared with a\u00a03.1% rise in July. Cheese and yogurt were the top contributors to the slowdown in dairy prices.<\/p>\n<p>Smaller price increases for fresh or frozen pork (+1.6%), condiments, spices and vinegars (+0.7%) and fresh fruit (+4.7%) also contributed to the year-over-year slowdown in grocery inflation in August.<\/p>\n<p>Although prices for groceries decelerated this month, prices have increased\u00a029.0% since August\u00a02021.<\/p>\n<p>&#13;<\/p>\n<p>  Chart\u00a04\u00a0 &#13;<br \/>\n  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a004-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\"> &#13;<br \/>\n  <img decoding=\"async\" class=\"pull-right\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455518_434_magnify-clip.png\" title=\"Enlarge chart 4\" alt=\"Chart 4: Grocery prices increase at a slower pace than the all-items Consumer Price Index\"\/><\/a><br \/>&#13;<br \/>\nGrocery prices increase at a slower pace than the all-items Consumer Price Index&#13;<\/p>\n<p>  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a004-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/cg260914a004-eng.png\" class=\"sd-chart-thumbnail\" title=\"Enlarge chart 4\" alt=\"Chart 4: Grocery prices increase at a slower pace than the all-items Consumer Price Index\"\/>&#13;<br \/>\n  <\/a><\/p>\n<p>&#13;<br \/>\nRegional highlights<\/p>\n<p>Year over year, prices rose at a faster pace in six provinces in August compared with July.<\/p>\n<p>Among the provinces, the Atlantic provinces had the highest rates of inflation in August, with price growth accelerating in Prince Edward Island, Newfoundland and Labrador and Nova Scotia. Prices for fuel oil and other fuels rose at a faster pace in August (+43.7%) compared with July (+29.5%), putting upward pressure on prices in these provinces, where fuel oil is more commonly used.<\/p>\n<p>At the national level, prices for rent increased\u00a02.8% year over year in August compared with a\u00a02.5% increase in July. Higher prices in Manitoba (+4.3%) and Ontario (+2.4%) drove this acceleration. <\/p>\n<p>&#13;<\/p>\n<p>  Chart\u00a05\u00a0 &#13;<br \/>\n  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a005-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\"> &#13;<br \/>\n  <img decoding=\"async\" class=\"pull-right\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789455518_434_magnify-clip.png\" title=\"Enlarge chart 5\" alt=\"Chart 5: The Consumer Price Index increases at a faster pace in six provinces \"\/><\/a><br \/>&#13;<br \/>\nThe Consumer Price Index increases at a faster pace in six provinces &#13;<\/p>\n<p>  <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/cg-a005-eng.htm\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/cg260914a005-eng.png\" class=\"sd-chart-thumbnail\" title=\"Enlarge chart 5\" alt=\"Chart 5: The Consumer Price Index increases at a faster pace in six provinces \"\/>&#13;<br \/>\n  <\/a><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n<br \/>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n<br \/>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n<br \/>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n<br \/>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n<br \/>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\nProducts&#13;<\/p>\n<p>The &#8220;<a href=\"https:\/\/www150.statcan.gc.ca\/en\/catalogue\/71-607-X2018016\" rel=\"nofollow noopener\" target=\"_blank\">Consumer Price Index Data Visualization Tool<\/a>&#8221; is available on the Statistics Canada website.<\/p>\n<p>More information on the concepts and use of the Consumer Price Index (<a class=\"acro12-tooltip\">CPI<\/a>) is available in The Canadian Consumer Price Index Reference Paper (<a href=\"https:\/\/www150.statcan.gc.ca\/en\/catalogue\/62-553-X\" title=\"Catalogue number 62-553-X\" rel=\"nofollow noopener\" target=\"_blank\">Catalogue number62-553-X<\/a>).<\/p>\n<p>For information on the history of the <a class=\"acro13-tooltip\">CPI<\/a> in Canada, consult the publication Exploring the first century of Canada&#8217;s Consumer Price Index (<a href=\"https:\/\/www150.statcan.gc.ca\/en\/catalogue\/62-604-X\" title=\"Catalogue number 62-604-X\" rel=\"nofollow noopener\" target=\"_blank\">Catalogue number62-604-X<\/a>).<\/p>\n<p>Two videos, &#8220;<a href=\"https:\/\/www.statcan.gc.ca\/eng\/sc\/video\/cpi\" rel=\"nofollow noopener\" target=\"_blank\">An Overview of Canada&#8217;s Consumer Price Index (CPI)<\/a>&#8221; and &#8220;<a href=\"https:\/\/www.statcan.gc.ca\/eng\/sc\/video\/cpi2\" rel=\"nofollow noopener\" target=\"_blank\">The Consumer Price Index and Your Experience of Price Change<\/a>,&#8221; are available on Statistics Canada&#8217;s YouTube channel.<\/p>\n<p>The podcast &#8221;<a href=\"https:\/\/www.statcan.gc.ca\/en\/sc\/podcasts\/eh-sayers-ep18\" rel=\"nofollow noopener\" target=\"_blank\">Eh Sayers Episode\u00a018\u00a0&#8211; Why Food Inflation Is Such A Hard Nut To Crack<\/a>&#8221; is also available.<\/p>\n<p>Find out <a href=\"https:\/\/www.statcan.gc.ca\/en\/statistical-programs\/document\/2301_D67_V1\" rel=\"nofollow noopener\" target=\"_blank\">answers to the most common questions<\/a> posed about the <a class=\"acro14-tooltip\">CPI<\/a> in the context of the COVID-19\u00a0pandemic and beyond.<\/p>\n<p>Contact information<\/p>\n<p>For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/mailto:infostats@statcan.gc.ca\" rel=\"nofollow noopener\" target=\"_blank\">infostats@statcan.gc.ca<\/a>) or Media Relations (<a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/mailto:statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca\" rel=\"nofollow noopener\" target=\"_blank\">statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca<\/a>).<\/p>\n<p>&#13;<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; &#13; &#13; Released:\u00a02026-09-14 &#13; &#13; Consumer Price Index&#13; August\u00a02026 3.0%\u00a0 (12-month change) &#13; Food purchased from stores&#13;&hellip;\n","protected":false},"author":2,"featured_media":896356,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-896355","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/896355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=896355"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/896355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/896356"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=896355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=896355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=896355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}