In November, consumer prices in Canada rose by 1.7% year-on-year, official data showed. Compared to a price increase of 2.4% in October, November inflation slowed down, marking the lowest value since January of this year. Inflation, which does not take into account the cost of gasoline, was 1.9% in November. Annual growth was observed in many sectors of the economy, but housing prices rose the most, prices for which increased by 2.4%. The cost of mortgage loans rose by 7.2%, the fastest rate since October 2008. Prices for cars increased by 0.8%. At the same time, electricity fell by 1.3%, gasoline - by 5.4%. Durable goods decreased in price by 0.1%.
Asian stocks mixed after China releases gloomy inflation data28.05.2020
German inflation to recede in May, regional data shows29.04.2020
Australia’s first-quarter inflation worsens, prices may suffer in second quarter03.03.2020
South Korea’s February inflation eases as COVID-19 impacts demand