Canada’s inflation rate rises to new 30-year high of 4.8%

The Patron Worth Index higher at an annual tempo of 4.8 according to cent in December, as meals and energy led to the price of living going up at its fastest charge due to the fact that 1991.

Facts Canada said Wednesday that grocery prices larger by means of 5.7 in line with cent, the biggest annual acquire considering that 2011.

the rise in the inflation charge used to be in line with expectations. For comparability purposes, the America lately has an inflation charge of 7 in line with cent, its highest considering 1982.

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