The annual rate of inflation slowed sharply to 3.1 per cent in October as Canadians saw relief at the gas pumps, Statistics Canada said Tuesday.
That’s down from the overall inflation rate of 3.8 per cent in September.
Gas prices fell 6.4 per cent month-over-month, StatCan said, partly thanks to producers switching to cheaper winter blends.
Grocery price inflation slowed for the fourth consecutive month to 5.4 per cent in October — still elevated but down from 5.8 per cent the month earlier ...
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