Canada’s inflation rate eases to 6.3% in December as gasoline prices fall

Canada’s inflation rate eases to 6.3% in December as gasoline prices fall

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Canada’s inflation rate eased in December, thanks largely to a plunge in gasoline prices, in what is an encouraging sign for the Bank of Canada as it mulls further increases in interest rates. The Consumer Price Index (CPI) rose 6.3 per cent in December from a year earlier, down from a…

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