Statistics Canada says inflation hit 1.4 per cent in August _ up from 1.2 per cent in July and a two-year low of just one per cent in June.
Consumer prices rose at a faster pace in nine of the 10 provinces in August, while the pace of inflation held steady in Manitoba.
Consumer prices in Prince Edward Island rose 2.3% year over year in August, after increasing 1.8% in July. The large growth rate in consumer prices, relative to the other provinces, remains partly attributable to an increase in the Harmonized Sales Tax (HST) in Prince Edward Island that took effect in October 2016. The traveller accommodation index also contributed to the 12-month increase in the CPI, rising 23.0% on a year-over-year basis in August, following a 19.1% increase in July.