Inflation rises to 3.1%, as fuel prices push higher: StatsCan

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Statistics Canada says the pace of inflation picked up in September, as prices for gasoline climbed at a faster rate than in August.

Gas prices rose at a quicker pace in September than in August, according to Statistics Canada

Jeff Lagerquist · CBC News

· Posted: Oct 19, 2026 8:44 AM EDT | Last Updated: 5 minutes ago

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A driver in a pickup truck in front of a Canadian gas station.

The national inflation rate rose to 3.1 per cent in September, according to data released by Statistics Canada on Monday.

The agency says the annualized inflation reading for September was boosted by higher prices for gasoline last month. Food prices also rose, but at a slower pace than in September.

Ahead of Monday’s release, a Bloomberg survey of 12 economists predicted the September consumer price index would rise 3.18 per cent year over year.

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ABOUT THE AUTHOR

Jeff Lagerquist is a senior writer with CBC News based in Toronto. Originally from Erin, Ont., he studied journalism at Toronto Metropolitan University. Jeff previously worked as a senior reporter for Yahoo Finance Canada. He was also a reporter and digital producer for CTV National News, BNN Bloomberg and The Financial Post. In 2025, he was a Columbia University energy journalism fellow.

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