Annual inflation rate eases in October
November 18, 2011
The following is excerpted from the 18 November 2011 edition of Reuters Canada.
Canada's annual inflation rate moderated in October from a near three-year high in September but came in higher than forecast, scaling back market expectations of a central bank interest rate cut.
The consumer price index (CPI) rose 2.9 percent in October from a year earlier, easing from 3.2 percent in September as gasoline prices rose at a slower year-on-year pace, Statistics Canada said on Friday...
This article is available in its entirety at:
http://ca.reuters.com/article/businessNews/idCATRE7AH0ZB20111118
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