The Canadian Press

2015-12-18 | Inflation

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The country's annual inflation rate ticked upward last month to hit 1.4 per cent -- moving it a little closer to the Bank of Canada's ideal target of two per cent. Canadian Press reporter Roger Ward has details. (The index found that food prices were up 3.4 per cent compared to a year earlier, thanks in large part to the higher costs of meat and fresh vegetables.)

Date: 2015-12-18
Placeline: Undated.
Source: The Canadian Press
Length: 22 seconds

Transcript Prediction: << statistics Canada's November inflation reading was up from October when the overall inflation rate was just 1% the agency's latest Consumer Price Index as last month's increase was led by higher year-over-year prices for food and shelter but the core inflation rate which excludes volatile items was 2% last month which was down from 2.1 in October >>


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