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ho432MONTREAL: Consumer inflation in Canada was unchanged in September from August, with prices rising 1.2 percent for a second straight month, Statistics Canada said Friday.

 

Higher energy prices, notably for gasoline and electricity, led the advance in the agency's consumer price index (CPI) for September.

 

The gains were offset by lower year-over-year price increases for passenger vehicles and food purchased from stores.

 

Analysts had expected the CPI to rise 1.3 percent last month.

 

Consumer prices rose in every major component of the index, except for clothing and footwear.

 

Excluding energy prices, the CPI rose 0.9 percent from September 2011, after a 1.4 percent increase in August.

 

The Bank of Canada's core index rose 1.3 percent in September from a year ago, well below the central bank's 2.0 percent inflation target.

 

Copyright AFP (Agence France-Presse), 2012

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