Inflation Rate Holds Steady at 3.1 Percent in November as Grocery Price Growth Slows

Inflation Rate Holds Steady at 3.1 Percent in November as Grocery Price Growth Slows
People make their way around the Rideau Center shopping centre on Boxing Day in Ottawa, on Dec. 26, 2022. The Canadian Press/Spencer Colby
The Canadian Press
Updated:
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Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 percent as progress on tamping down price growth stalled.

The November consumer price index report released on Dec. 19 from Statistics Canada shows higher prices for recreation and clothing put upward pressure on inflation.