👉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
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