goods and services

Canada’s annual inflation rate climbs to 3.4% in Dec

Canada’s annual inflation rate climbs to 3.4% in Dec

Jan 16, 2024 | 8:29am
Canada’s annual inflation rate rose 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month. The federal agency released its consumer price index report Tuesday, showing inflation ticked up from 3.1 per cent in November. Economists were widely expecting this rise due to a base year effect, which refers […]