Canada's main stock index hit a record high on Tuesday as the country's annual inflation rate met its central bank's target, while markets awaited an outsized interest rate cut by the U.S. Federal Reserve this week.

Airline tickets and eating out cost more in August than July. But price gains are easing in other previously sticky industries.

Here are the key points to know from August's consumer-price index: Year-over-year CPI rose by 2.5%, a little less than economists expected, and slower than July's 2.9% rate. Annual core CPI , which s