This is the 14th straight month that air transportation prices decreased year-over-year, although they dropped to a lesser extent than in the three months prior, including a 10.6 per cent decrease in July. Photo by Ashley Fraser/Postmedia

The cost of travel dropped again last month, according to Statistics Canada consumer price index (CPI) data for August.

Air fares were down by

The last time air fares in Canada had a year-over-year increase was in June 2024, according to CPI historical data.

On a month-over-month basis, fares were down 5.9 per cent in August compared to July, while last year’s sequential decline for the same time period was 8.9 per cent.

Travel tours pushed down the cost of travel services for August, said StatCan. Prices for travel services decreased by 3.8 per

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