Inflation Slows to 2.0%

(AFP)

Inflation slowed to 2.0% in the twelve months to November, from 2.6% the previous month, due to much lower gasoline prices, Statistics Canada said Friday.

On a monthly basis, the consumer price index fell to 0.3% last month, the government agency said.

Gasoline prices fell 14.4% year over year in November, offsetting hikes in food (7.4%) and lodging (3.9%).

Summary statistics and a link to the data files are on the Statistics Canada website.