What costs you more this year

Posted: November 18, 2009 in All Blogs, Buyers, General Information, Statistics
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Canada’s annual inflation rate rose 0.1 per cent last month, the first increase in five months, as consumers paid more for food, furnishing and tuition.

Consumer prices rose after registering a 0.9-per-cent drop in September, Statistics Canada said Wednesday. The monthly rate advanced 0.4 per cent, marking the fifth gain in six months.

The annual increase comes as gasoline prices exerted less downward pressure on the consumer price index than in previous months. Canadians also paid more for everything from meat and dairy products to child care, tuition fees and books.

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