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Canada annual inflation rate accelerates to 1.0% in January

Other News Materials 17 February 2021 18:02
Canada annual inflation rate accelerates to 1.0% in January

Canada’s annual inflation rate accelerated to 1.0% in January, up from a year-over-year increase of 0.7% in December, on higher prices for durable goods and gasoline, Statistics Canada said on Wednesday, Trend reports with reference to Reuters.

Analysts polled by Reuters had expected the annual rate to rise to 0.9% in January.

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