Canada's CPI rises 2.2 pct in November


By Lin Wei

OTTAWA, Dec. 15 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 2.2 percent year on year in November, matching the increase in October, Statistics Canada said on Monday.

According to the national statistical agency, prices for services rose at a slower pace in November compared with October. Lower prices for travel tours and traveler accommodation, in addition to slower growth for rent prices, put downward pressure on the all-items CPI.

Offsetting the slower growth in services on an annual basis were higher prices for goods, driven by price increases for groceries as well as a smaller decline for gasoline prices, said the agency.

Excluding gasoline, the CPI rose 2.6 percent for the third consecutive month, it added.

The CPI rose 0.1 percent month over month in November, it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Vance says review underway to see how Turkey can get F-35 fighter jets
Brazil senator, Lula ally Wagner resigns from leadership amid corruption probe
Flash: Bosnia & Herzegovina beats Qatar 3-1 to keep Group B survival hopes alive, Qatar out
Flash: Switzerland beats Canada 2-1 to top Group B, both advance to knockout stage
France confirms, isolates five possible contacts of Ebola patient
U.S. stocks close mixed
Finland's unemployment rate climbs to highest level this century in May
Crude futures settle lower
U.S. dollar ticks up
Exclusive-Trump to seek more than $1.4 billion in Ebola funding from Congress

Others Also Read