Statistics Canada said Friday the consumer price index was up 1.4 per cent in October compared with a year ago, following a 1.6 per cent increase in September. Excluding gasoline, the index was up 1.3 per cent compared with a year ago — more than the 1.1 per cent increase in September. Transportation prices were up 3.0 per cent compared with a year ago following a 3.8 per cent increase in September, while shelter costs were up 1.2 per cent. Food costs were up 1.3 per cent as food bought in restaurants gained 2.9 per cent, while food from stores rose 0.6 per cent compared with a year ago. Prices for clothing and footwear, the only category to move lower, fell 1.5 per cent compared with a year ago as the cost of women’s clothing fell 4.6 per cent compared with a year ago.

Source: National Post November 17, 2017 13:33 UTC