Canada inflation holds at 2.1pc

OTTAWA: Canadians paid 2.1 percent more for goods and services in August than a year earlier, with rising prices led by higher shelter costs, the government statistical agency announced Friday.

The inflation figure was in line with analysts' forecasts, following an identical hike in July prices.

According to Statistics Canada, the costs of natural gas, mortgage insurance, telephone services, Internet access, fresh fruit and fresh vegetables, meat, beer, cigarettes and passenger vehicles were up in August.

Gasoline prices, meanwhile, fell in the month.