The country’s annual inflation rate eased to 2.8 per cent in August as still-rising gasoline prices advanced at a more-moderate pace.
Statistics Canada’s latest number came in just below a three per cent reading in July that had pushed inflation to the top end of the Bank of Canada’s target range with the fastest price growth in seven years.
PEI’s inflation rate stood at an even 3 per cent in August, down slightly from July.