The national statistics agency said that multiple factors had contributed to that surge in the cost of food including extreme weather, the Russia-Ukraine crisis, higher input costs and supply chain snarls.

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StatCan’s announcement marks the second consecutive month that Canada’s inflation rate has fallen, having hit its highest rate for 40 years (8.1%) during the summer.

Core inflation – which does not account for items like food and energy – also fell compared with July, from 5.4% to 5.2%.

The news comes just two weeks after the Bank of Canada announced a fifth consecutive interest rate hike aimed at bringing inflation down, with the central bank having now increased its trendsetting rate by a full three percentage points since March.