Canada's inflation eases in December

  • World
  • Thursday, 21 Jan 2021

OTTAWA, Jan. 20 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 0.7 percent in December 2020 from a year earlier, down from one percent growth in November, according to Statistics Canada on Wednesday.

Canada's inflation eased in December due to lower air transportation prices and reduced food price growth. Excluding gasoline, CPI increased one percent in December, down from 1.3 percent in the previous month.

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