Low fuel prices drive down inflation rate
Statistics Canada found
gasoline prices in November fell 5.9 per cent compared to a year earlier,
while the monthly gasoline price index fell 7.5 per cent – the fifth consecutive monthly
decrease.
Andy BLATCHFORD
The Canadian Press
BUSINESS
OTTAWA — A big drop in pump prices tapped the brakes on Canadian inflation last month, slowing the annual rate to two per cent as it offset rising costs of other goods.
Statistics Canada’s November reading, released Friday, detected the slowdown amid...
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