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August 11, 2026
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Business

Statistics Canada says annual inflation rate climbs to 1.0 per cent

OTTAWA — Statistics Canada says the consumer price index rose 1.0 per cent compared with a year ago as the annual pace of inflation picked up.

The reading compared with a year-over-year increase of 0.7 per cent in December.

Economists on average had expected a year-over-year increase of 0.9 per cent for January, according to financial data firm Refinitiv.

More to come…

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