Inflation Ticks Higher to 1.9% in August, Short of Economists’ Expectations

Inflation Ticks Higher to 1.9% in August, Short of Economists’ Expectations
A Statistics Canada building and signs are pictured in Ottawa on July 3, 2019. The Canadian Press/Sean Kilpatrick
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Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 percent in August, Statistics Canada said Tuesday.

Gasoline prices rose 1.4 percent month-over-month in August as higher refining margins offset lower crude costs, StatCan said.