Canada’s annual inflation rate picked up its pace last month to hit 2.4 per cent. The advance was mostly the result of higher gasoline prices, compared with a year ago. Statistics Canada says it was an increase from 2.2 per cent in September. Saskatchewan’s rate rose to 2.4 from 1.8 per cent. Only two provinces were lower. Saskatoon and Regina did exactly the same thing, rising to 2.4 from 1.8. Of 19 cities surveyed, only five had lower rates than Saskatoon and Regina.
[gw/cp nov 23 2018]