While Canada and Alberta's inflation rates have dropped from a record-high peak seen in June, not all consumer prices are falling with it.
While the price to gas up your vehicle may have dropped, groceries continue to be more expensive than last year, and experts say the market is so volatile it wouldn't take much to send prices back up.
"It's too early to say that this is a downward trend,“ said Rob Roach, deputy chief economist for ATB Financial. "We hope that it is, and there's some signs that it'll continue, but I think we're going to continue to see high rates of inflation for least the next few months, if not longer." Market analysts say that factors and trends affecting the commodity markets, refineries and gasoline retailers are expected to continue downward, but conditions are highly unstable.
He adds the end of the driving season in early October should also cause a further drop in gas prices.has reported
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