Canada’s Inflation Rate Remains Steady at 3.1% — Statistics Canada

Statistics Canada reports today that Canada’s inflation rate in November remained steady at 3.1%, the same as the previous month. This is because:

“In November, higher prices for travel tours put upward pressure on the CPI. Offsetting the upward pressure was slower price growth, on a year-over-year basis, for food alongside lower prices for cellular services and fuel oil. Excluding food and energy, the CPI increased 3.5% in November, following a 3.4% gain in October.”

Statistics Canada 

Full details at the Statistics Canada website.

3 Replies
Inline Feedbacks
View all replies
5 months ago

Of what impact is this to the average Canadian ?

5 months ago
Reply to  Hope

With many Canadians at food banks? I don’t agree there’s any impact on the average Canadian.