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Inflation steady at 2.2% in November despite grocery price hike
Grocery prices rose 4.7% year-over-year, driven by fruit and prepared foods, while gasoline prices dropped 7.8%, keeping Canada’s inflation steady at 2.2%, StatsCan reported.
- The annual inflation rate in Canada was 2.2% in November, suppressed by lower gasoline prices despite a 4.2% yearly rise in food prices.
- Grocery prices increased by 4.7%, the highest since December 2023, driven by adverse weather conditions and President Donald Trump's tariffs.
- Core inflation measures, which strip off volatile items, came below the 3% upper end of the Bank of Canada's inflation control range for the first time since March.
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35 Articles
35 Articles
Last month, the Consumer Price Index showed an increase that was the same as in October, according to Statistics Canada.
·Montreal, Canada
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Winnipeg Free PressReposted by 
meadowlakeNOW
meadowlakeNOWHere's a list of November inflation rates for Canadian provinces
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources35
Leaning Left15Leaning Right2Center7Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 29%
Factuality
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