Claims extracted
18
sentences that state something as happening or true
Uncertain
11%
2 of 18 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
74/100
CBC News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Canada's inflation holds firm at 3% in August as travel, shelter costs rise
asserted
costs → hold → August
Economists expect soaring gas prices to hit in September
asserted
prices → expect → September
Canada's annual inflation rate held firm at three per cent in August, Statistics Canada said Monday, as gasoline prices and food costs eased slightly last month, while prices for tours and travel rose.
asserted
prices → hold → tours
Shelter costs, like rents and mortgage payments, also edged higher in August, the agency said.
asserted
agency → edge → August
On a monthly basis, consumer prices fell 0.1 per cent in August.
asserted
prices → fall → August
A Reuters poll of economists last month expected annual inflation held at three per cent, according to LSEG Data & Analytics.
uncertain
inflation → expect → Data
Monday's consumer price index data predates a recent run-up in crude oil prices driven by an intensifying war in the Middle East.
asserted
data → predate → East
According to pump price data from Kalibrate, the average price for regular grade gasoline nationwide has increased about 21 per cent year-over-year as of Friday.
uncertain
price → accord → Friday
Bank of Montreal economist Benjamin Reitzes said he expects gas prices to fuel hotter inflation in September.
asserted
prices → say → September
"Unfortunately, gasoline is on pace to rise at least five per cent in September which, if realized, would likely mean an acceleration in headline CPI," he wrote in a research note on Monday.
asserted
he → rise → Monday
However, RBC economist Abbey Xu says there is limited evidence so far that higher energy costs are driving prices higher elsewhere in the economy.
asserted
costs → say → economy
"Price growth remained high for energy-intensive categories such as air travel, but had not spread materially across the broader consumer basket," she wrote in research published Monday.
asserted
she → remain → research
"The risk of greater pass-through will rise the longer oil prices remain elevated.
asserted
prices → rise → through
Looking at the August data, Reitzes said a 0.2 per cent monthly dip in food prices, driven by cheaper fresh fruit and vegetables, was a surprise.
asserted
dip → look → fruit
However, he expects higher fuel costs will put a damper on more affordable groceries.
asserted
costs → expect → groceries
"With the surge in energy prices, and diesel in particular, food will likely face upward pressure in the coming months," he wrote.
asserted
he → face → months
Both Reitzes and Xu said Monday's data from Statistics Canada reinforces their expectations for the Bank of Canada to remain on hold in the near future.
asserted
Bank → say → future
"[There's] nothing here to push the BoC closer to a rate hike, which should tame market speculation around a potential move in October," Reitzes wrote.
asserted
Reitzes → be → October
The Aporia
