Gasoline prices help drive inflation up to 3.4%
Canada's annual inflation rate was 3.4% in December, according to data released by Statistics Canada on Tuesday, after a 3.1% increase in both October and November.
![Gasoline prices help drive inflation up to 3.4%](https://i.cbc.ca/1.6529316.1705412382!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/inflation.jpg)
![Shoppers are pictured buying groceries in Vancouver in January this year. Shoppers are pictured buying groceries in Vancouver in January this year.](https://i.cbc.ca/1.6529316.1705412382!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/inflation.jpg)
Canada's annual inflation rate was 3.4% in December, according to data released by Statistics Canada on Tuesday, after a 3.1% increase in both October and November.