Inflation rate drops to 1.6% in September, but prices remain elevated — especially for rent and groceries

Canada's inflation rate fell to 1.6 per cent in September, Statistics Canada reported Tuesday, after hitting the Bank of Canada's two per cent goal in August.

Inflation rate drops to 1.6% in September, but prices remain elevated — especially for rent and groceries
A close-up of a person filling their gas tank at a gas station.

Canada's inflation rate fell to 1.6 per cent in September, Statistics Canada reported Tuesday, after hitting the Bank of Canada's two per cent goal in August.