Inflation Inches Higher

Inflation Inches HigherCanada’s inflation rate rose to 3.2 per cent in the 12 months ended in September, pushed higher by price hikes for gasoline and food. Statistics Canada reported Friday that prices for food rose 4.3 per cent in the past year, while energy prices advanced 12.5 per cent. Those factors were the major contributors to the overall inflation increase. Economists polled by Thomson Reuters had been expecting the rate to come…

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