Inflation sticks at 3.1%, staying stubbornly above Bank of Canada target
Canada’s annual inflation rate grew by 3.1% on a yearly basis in November, matching October’s growth rate and defying expectations. Read on.
![Inflation sticks at 3.1%, staying stubbornly above Bank of Canada target](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2023/12/inflation-mortgage-costs-vw1219.jpg?#)
![](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2023/12/inflation-mortgage-costs-vw1219.jpg)
Canada’s annual inflation rate grew by 3.1% on a yearly basis in November, matching October’s growth rate and defying expectations. Read on.