Canada: Another Welcome Cooling in Inflation in December

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Canada: Another Welcome Cooling in Inflation in December

Consumer price inflation continued to come off the boil in December, up 6.3% versus a year ago (y/y), from 6.8% in November. The decline in energy prices gathered speed in December, as prices at the pump fell 13.1% month-on-month (m/m). Gasoline prices are now only 3% higher than a year ago. Food inflation also cooled […]

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