CANADA'S INFLATION RATE RISES

Jul 19, 2013

By AM740 Staff

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Canada’s inflation rate rose half-a-point to 1.2 per cent.

The rise is being attributed to rising gas and vehicle prices.

B-C residents were the only ones in the country who weren’t paying more for most goods and services last month.

Statistics Canada reports the province recorded its third consecutive month of dis-inflation, as food prices fell and April’s withdrawal of the harmonized sales tax pulled consumer prices lower.

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