👉The annual inflation rate in Canada fell to 6.3% in December, while the cost of food remained high and petrol prices fell. Statistics Canada reported in its latest consumer price index, issued Tuesday, that grocery costs continued to rise in Canada last month compared to a year earlier.✅ . . #annualinflationrate #canadainflationrate #canadainflation #inflationratecanada #canadafoodprice #inflation #inflationcanada #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada’s annual inflation rate held steady at 6.9 per cent last month. After declining for several months, Statistics Canada said the rate of inflation was unchanged in October from September as gas prices went up. In its latest consumer price index report released Wednesday, the federal agency said higher mortgage interest costs also put upward pressure on inflation. However, offsetting higher gas prices and rising interest rates was a slowdown in price growth for groceries and natural gas. On a monthly basis, the consumer price index was up 0.7 per cent.✅ . . #inflation #inflationratecanada #canadaannualinflationrate #canadaannualinflation #annualinflationrate #statisticscanada #pricegrowthincanada #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when it gained 8.2 per cent and up from a 6.8 per cent increase in April this year. The gain came as energy prices rose 34.8 per cent compared with a year ago with gasoline prices up 48.0 per cent compared with a year ago. Excluding gasoline, the annual inflation rate May rose to 6.3 per cent compared with 5.8 per cent in April.✅ . . #annualinflationrate #inflationrate #inflationrateincrease #gasolineprice #gasprice #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp