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Update: Inflation Remains Unchanged

Wednesday, 16 November 2022 08:51

By Geoff Waterfield/Linda Morgan

We find out if the cost of goods and services has dropped

The country's inflation rate remains unchanged. 

Statistics Canada says last month, inflation held steady at 6.9 percent, after declining for several months in a row. 

The agency says gas prices and higher mortgage rates put upward pressure on inflation. 

This was offset by a slowdown in price growth for groceries and natural gas. 

In October, grocery prices rose by 11 percent, which is down from 11.4 percent in September. 

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