Canada’s Inflation Slows to 1.8% in Dec Amid Food Price Decline

Canada’s annual inflation rate eased to 1.8% yoy in December, down from 1.9% yoy in November and slightly below expectations of 1.9% yoy. The deceleration was largely driven by declines in food prices and alcohol-related expenses. Canadians paid 1.6% less for food purchased from restaurants on a year-over-year basis, marking the first annual decline in […]

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