Canada’s inflation rate ticks back up to 2% in October

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Channel: CP24  

Canada’s inflation rate rose to two per cent last month, up from 1.6 per cent in September, as gasoline prices exerted less downward pressure on annual price growth.

The report from Statistics Canada on Tuesday says prices in October increased at a faster annual pace in five out of the eight major components of the consumer price index.

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Video length: 2:54
Category: News & Politics
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