Canada ended 2018 with 2pc inflation | The Daily Star
12:00 AM, January 20, 2019 / LAST MODIFIED: 12:00 AM, January 20, 2019

Canada ended 2018 with 2pc inflation

Canadians paid 2.0 percent more for goods and services in December than a year earlier, the government statistical agency said Friday.

The figure closing out 2018 was slightly higher than economists had forecast, after a 1.7 percent average price hike the previous month.

Statistics Canada noted higher prices in December for airfares during the holiday season, travel tours, telephone services, restaurant meals, fresh vegetables, and passenger vehicle insurance.

Mortgage interest costs also rose in the month.

These bigger outlays, however, were partially offset by crude oil prices that continued to fall amid a global supply glut, pushing down gasoline prices.

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Grameenphone:
Type START <space> BR and send SMS it to 22222

Robi:
Type START <space> BR and send SMS it to 2222


Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top