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Inflation rate ticks down to 2.2% in October

Business·Breaking

Canada’s inflation rated edged down to 2.2 per cent in October, largely due to gas prices falling at a faster pace, Statistics Canada said on Monday.

Largely due to gas prices falling at faster pace

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(CBC)

Canada’s inflation rated edged down to 2.2 per cent in October, largely due to gas prices falling at a faster pace, Statistics Canada said on Monday.

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ABOUT THE AUTHOR

Jenna Benchetrit is the senior business writer for CBC News. She writes stories about Canadian economic and consumer issues, and has also recently covered U.S. politics. She was part of the team that won a silver Digital Publishing Award in best news coverage for covering the 2024 U.S. election. A Montrealer based in Toronto, Jenna holds a master’s degree in journalism from Toronto Metropolitan University. You can reach her at jenna.benchetrit@cbc.ca.

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