Inflation steady at 2.2% in November despite grocery price hike
Statistics Canada says rising grocery prices were causing fresh pain for consumers in November even as the overall inflation rate held steady.
The agency says the annual pace of inflation was unchanged at 2.2 per cent last month.
Grocery prices rose 4.7 per cent annually in November, up from 3.4 per cent in October, marking the highest level in nearly two years.
Statistics Canada says lower cattle inventories in North America are driving beef prices higher while U.S. tariffs and bad weather are making coffee more expensive.


