Canada: Inflation Ticks Up to 4.8% in December, Led by Higher Goods Prices 

Consumer price inflation ticked up to 4.8% year-on-year (y/y) in December, in line with market expectations. Energy prices slowed to 21.2% (from 26.4% in November), but excluding energy, prices picked up noticeably, to 3.8% (from 3.3 in November). Food price growth accelerated again, hitting 5.2% y/y (from 4.4% in November). Shelter prices also eclipsed the […]

The post Canada: Inflation Ticks Up to 4.8% in December, Led by Higher Goods Prices  appeared first on Action Forex.