PEI’s inflation rate rose to 3.5% in August

Canada’s inflation rate rose from 3.3 per cent in July to four per cent in August. Statistics Canada says the increase was largely driven by higher gas prices.  It’s the second straight month inflation has risen even though economists expect progress on getting it down over the next few months.  PEI’s inflation rate in August was 3.5 percent, up from 2.1 percent in July.