# Canada's Inflation Hits 3.1% in September

> Canada's inflation rate rose to 3.1% in September as energy costs increased, while core inflation eased to 1.85% ahead of the Bank of Canada's rate decision.
- Title: Canada's Inflation Hits 3.1% in September · TokenPost
- Summary: Canada's inflation rate rose to 3.1% in September as energy costs increased, while core inflation eased to 1.85% ahead of the Bank of Canada's rate decision…
- Keywords: canada, inflation, bank of canada, core inflation, energy costs, rate decision, crypto, finance, Canada's, Hits, September, TokenPost
- Source: TokenPost — https://tokenpost.com/news/investing/34881
- Published: 2026-10-19T16:16:20+00:00
- Read time: 1 min
- Topics: canada, inflation, bank of canada, core inflation, energy costs, rate decision, crypto, finance
## Canada's Inflation Rate
Canada's annual inflation rate rose to 3.1% in September as higher energy costs lifted the overall reading.
## Core Inflation Eases
Core inflation cooled to 1.85% ahead of the Bank of Canada's Oct 28 rate decision.
## Energy Costs Drive Inflation
The difference between the two readings suggests September's price pressure was concentrated in energy.
## Key takeaway

Canada's September inflation rose to 3.1% due to higher energy costs, with core inflation dropping to 1.85% before the Bank of Canada's October 28 rate decision.