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The Canadian Press | Canada's Trusted News Leader

The Canadian Press | Canada's Trusted News Leader

Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

The Canadian Press | Canada's Trusted News Leader
Summary
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87% Informative

Inflation is barely above the Fed 's 2% inflation target and is in line with readings in 2018 .

Prices rose just 2.1% in September from 12 months earlier , down from a 2.3% year-over-year rise in August .

On a monthly basis, prices inched up 0.2% from August to September , up slightly from July to August .