Canada's inflation rate cools to 3.1% but the cost of living keeps going up
Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.
![Canada's inflation rate cools to 3.1% but the cost of living keeps going up](https://i.cbc.ca/1.3933058.1700573605!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/retail-cashier-cash-register.jpg)
![An employee scans goods at a cash register in the Primark store, operated by Associated British Foods Plc, at the Westfield Stratford City Mall in London, U.K., on Friday, Jan. 13, 2012. Associated British Foods Plc, the owner of the Primark discount-clothing chain, reiterated on Dec. 9 its forecast that sales and profit will increase this fiscal year as commodity costs ease. Photographer: Simon Dawson/Bloomberg A cashier works a cash register.](https://i.cbc.ca/1.3933058.1700573605!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/retail-cashier-cash-register.jpg)
Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.