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Inflation steady at 2.2% in November despite grocery price hike
Grocery prices rose 4.7% year-over-year in November, the highest since December 2023, driven by fresh fruit, beef, and coffee costs, Statistics Canada reported.
- The annual inflation rate in Canada was 2.2% in November, suppressed by lower gasoline prices despite a 4.2% yearly rise in food prices.
- Grocery prices increased by 4.7%, the highest since December 2023, driven by adverse weather conditions and President Donald Trump's tariffs.
- Core inflation measures, which strip off volatile items, came below the 3% upper end of the Bank of Canada's inflation control range for the first time since March.
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24heures.ca
24heures.caCanada experienced a 4.7% increase in food prices last November compared to the same month the previous year.
·Montreal, Canada
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Trump Weighs Marijuana Changes: 'A Lot Of People Want To See It' - Tilray Brands (NASDAQ:TLRY)
President Donald Trump told reporters on Monday he is weighing an executive order to reclassify marijuana as a Schedule III substance. The potential action could transform the cannabis market, reduce legal punishments and allow for easier scientific research. TLRY stock is moving. See the chart and price action here. “We are looking at that very strongly,” Trump said in response to reports that he is looking at directing agencies to treat mar…
·New York, United States
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Last month, the Consumer Price Index showed an increase that was the same as in October, according to Statistics Canada.
·Montreal, Canada
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Total News Sources39
Leaning Left17Leaning Right2Center8Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 30%
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