In September, the Consumer Price Index (CPI) rose 6.9% on a year-over-year basis, decelerating from a 7.0% gain in August, marking the third consecutive monthly slowdown in headline inflation. Lower gasoline prices were mostly responsible for the deceleration. While prices at the gas pump dropped in September compared with August, Canadians continued to feel the pinch from higher food prices. Excluding food and energy, prices rose 5.4% year over year in September, following a gain of 5.3% in August. Prices for durable goods, such as furniture and passenger vehicles, grew at a faster pace in September compared with ... (full story)