Canada’s Annual Rate of Inflation Rose to 0.7 Percent in October

Canada’s Annual Rate of Inflation Rose to 0.7 Percent in October
Statistics Canada building and signs are pictured in Ottawa on July 3, 2019. The Canadian Press/Sean Kilpatrick
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OTTAWA—Statistics Canada says the consumer price index in October was up 0.7 percent compared with a year ago as the annual pace of inflation increased led by higher food prices.

The increase compared with a year−over−year rise of 0.5 percent in September.