Canada's inflation rate sticks at 3.1 per cent in November, above economist expectations
Canada's annual inflation was unexpectedly 3.1 per cent in November, according to Statistics Canada, leaving it unchanged from the previous month as higher prices for travel tours offset slower price growth for groceries, cellular services and fuel oil. The monthly rate of inflation was 0.1 per cent, also matching data released in October. Economists surveyed by Bloomberg had expected the Consumer Price Index (CPI) to decelerate to an annual...
Canada's annual inflation was unexpectedly 3.1 per cent in November, according to Statistics Canada, leaving it unchanged from the previous month as higher prices for travel tours offset slower price growth for groceries, cellular services and fuel oil. The monthly rate of inflation was 0.1 per cent, also matching data released in October. Economists surveyed by Bloomberg had expected the Consumer Price Index (CPI) to decelerate to an annual...
